Astral starts commercial production at Kanpur plant, LIC increases stake

Astral Limited announced today the commencement of commercial production at its Kanpur plant, effective October 6, 2025. This development, communicated to both BSE Limited and the National Stock Exchange of India Limited, signifies a key operational milestone for the company.

In a related disclosure, Life Insurance Corporation of India (LIC) reported an increase in its shareholding in Astral Limited. LIC's stake, held at 4.992% (13,409,928 shares) prior to the transaction, rose to 5.000% (13,432,386 shares) after acquiring an additional 22,458 shares through a market purchase on October 3, 2025. This transaction was disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.