LIC increases stake in NBCC through open market purchases

NBCC (India) Limited announced on November 27, 2025, a disclosure from Life Insurance Corporation of India (LIC) regarding a substantial acquisition of shares. LIC, identified as an acquirer and not belonging to the promoter group, acquired 3,024,672 equity shares of NBCC (India) Limited through open market purchases between April 25, 2018, and November 24, 2025. This acquisition resulted in an increase of 2.071% in LIC's total shareholding.

Before the acquisition, LIC held 117,866,918 shares, representing 6.548% of NBCC's total share/voting capital. Following the acquisition, LIC's holding increased to 120,891,590 shares, equating to 4.477% of the total share/voting capital of NBCC (India) Limited. The equity share capital of NBCC before the acquisition was INR 180,000,000,000.00, and after the acquisition, it stood at INR 270,000,000,000.00. This disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.