LIC increases stake in Dabur India to 6.985%

Life Insurance Corporation of India (LIC) has increased its shareholding in Dabur India Ltd., bringing its total stake to 6.985%. This acquisition of shares carrying voting rights was reported in a disclosure dated October 24, 2025, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Before this acquisition, LIC held 4.918% of Dabur India's total share/voting capital, amounting to 87,229,850 shares. The recent transaction involved the acquisition of an additional 36,662,597 shares, representing a 2.067% stake, through market purchases.

The acquisition occurred between February 18, 2025, and October 23, 2025. Following these transactions, LIC's total holding in Dabur India now stands at 123,892,447 shares, representing 6.985% of the company's equity share capital.