LIC increases stake in Exide Industries above 5%

On November 19, 2025, Life Insurance Corporation of India (LIC) acquired 262,000 shares of Exide Industries Ltd through an open market purchase. This transaction increased LIC's total stake in Exide Industries.

Before the acquisition, LIC held 42,431,006 shares, representing 4.992% of the total share and voting capital. Following the acquisition, LIC's holding now stands at 42,693,006 shares, equivalent to 5.023% of Exide Industries' total share and voting capital. The acquisition itself represented a 0.031% change in ownership.

The equity share capital and total voting capital of Exide Industries remained constant at 850,000,000.00 before and after the acquisition. LIC's disclosures provide transparency regarding its increased ownership in the Kolkata-based company.