LIC reduces stake in Hindustan Copper to 4.072%
Life Insurance Corporation of India (LIC) has reported a market sale of shares in Hindustan Copper Ltd., reducing its stake in the company. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, shows that LIC's holding decreased from 6.086% to 4.072%.
Before the sale, LIC held 58,848,803 shares, representing 6.086% of the total share capital. The market sale involved 19,472,268 shares, amounting to 2.014% of the company's equity. This transaction took place between August 16, 2024, and December 23, 2025.
Following the sale, LIC now holds 39,376,535 shares, or 4.072% of Hindustan Copper Ltd.'s equity share capital. The total equity share capital of Hindustan Copper Ltd. remained constant at INR 4,83,51,20,100.00 both before and after the transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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