LIC reduces stake in Adani Ports

Life Insurance Corporation of India (LIC) has disclosed a reduction in its shareholding in Adani Ports and Special Economic Zone Ltd., according to a filing. The sale activity occurred between November 11, 2022, and December 10, 2025, and was executed through a market sale.

Prior to the transaction, LIC held 197,526,194 shares, representing 9.350% of the total share/voting capital. The latest disclosure shows a sale of 38,904,223 shares, equating to 2.007% of the company's capital.

Following this market sale, LIC's holding in Adani Ports and Special Economic Zone Ltd. now stands at 158,621,971 shares, which represents 7.343% of the total voting capital. The total equity share capital of the target company remains at 2,16,01,38,945 both before and after the transaction.