LIC increases stake in Havells India to over 7%

Life Insurance Corporation of India (LIC) has disclosed a substantial increase in its shareholding in Havells India Ltd. The acquisition, categorized as a market purchase, occurred between May 26, 2025, and November 6, 2025.

Prior to this acquisition, LIC held 31,390,382 shares, representing 5.004% of Havells India's total share/voting capital. The recent purchase involved an additional 12,793,294 shares, amounting to 2.039% of the company.

Following these transactions, LIC's total holding in Havells India Ltd has reached 44,183,676 shares, equating to 7.043% of the equity share capital. The total equity share capital of Havells India Ltd remains 62,72,56,842.00 both before and after the said acquisition.