LIC crosses 5% stake in Astral Limited

Life Insurance Corporation of India (LIC) announced on October 6, 2025, that it has increased its shareholding in Astral Limited to 5.000%. This transaction, executed via a market purchase, occurred on October 3, 2025. Prior to this acquisition, LIC held 13,409,928 shares, representing 4.992% of Astral Limited's total share and voting capital.

The acquisition involved 22,458 additional shares, a 0.008% increase in ownership. Following this, LIC's total holding in Astral Limited stands at 13,432,386 shares, pushing its stake just over the 5% threshold that necessitates disclosure under SEBI's substantial acquisition regulations.

Astral Limited's equity share capital and total voting capital remained at 2,686,347,27.00 both before and after the acquisition. The disclosure underscores LIC's continued investment in the listed company.