LIC boosts stake in ACC through market purchase

Life Insurance Corporation of India (LIC) has disclosed a substantial acquisition of shares in ACC Limited, increasing its total voting rights to 10.596%. The acquisition, conducted through a market purchase, involved 3,782,029 shares, representing a 2.014% change in its holding. The transactions occurred between May 20, 2025, and November 25, 2025.

Prior to this acquisition, LIC held 16,115,035 shares, or 8.582% of ACC's total voting capital. Following the latest purchase, LIC's aggregate holding has reached 19,897,064 shares. The total equity share capital of ACC Limited remained constant at 1,877,872,630.00 both before and after the acquisition.

This disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating LIC's increased influence in ACC Limited.