LIC adjusts stake in Navin Fluorine, now holds 6.847%

Life Insurance Corporation of India (LIC) has announced a substantial acquisition of shares in Navin Fluorine International Ltd., bringing its total holding to 6.847% of the company's total voting capital. This disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, follows a series of market purchases conducted between March 28, 2024, and November 28, 2025.

Prior to these transactions, LIC held 45,34,752 shares, representing 8.850% of Navin Fluorine's total share and voting capital. The recent acquisition involved 10,26,272 shares, amounting to 2.003% of the company's capital. These shares were acquired through market sales, as indicated in the filing.

Following the acquisition, LIC's total holding in Navin Fluorine International stands at 35,08,480 shares. The equity share capital and total voting capital of Navin Fluorine International before and after the acquisition/sale remained constant at INR 10,24,78,248.00. The disclosure also confirms that LIC is not part of the promoter or promoter group of Navin Fluorine.