LIC boosts stake in Coal India through open market purchases

Life Insurance Corporation of India (LIC) has disclosed a substantial acquisition of shares in Coal India Ltd., increasing its stake to 11.497% of the total share/voting capital. This acquisition, conducted via market purchase, involved 126,162,334 shares, raising LIC's total holding to 708,512,555 shares.

The disclosures were made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this acquisition, LIC held 9.450% of Coal India's share capital, amounting to 582,350,221 shares. The transactions occurred between October 31, 2017, and December 10, 2025.

The equity share capital and total voting capital of Coal India Ltd. remained consistent at 61,627,283,270.00. LIC, based in Mumbai, is a prominent institutional investor in India and is not a promoter or part of the promoter group of Coal India Ltd.