LIC crosses 5% stake in Britannia via small market purchase
BRITANNIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts more than Nifty 100 and 0.1 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
LIC bought 53,260 shares (0.022%) of Britannia Industries on 16 Sep 2026 through open market, lifting its holding from 4.984% to 5.006%. This crosses the 5% disclosure threshold under SEBI SAST Regulations. LIC is not classified as a promoter.
Routine 5% threshold crossing by institutional investor LIC. Small quantum, primarily a regulatory disclosure with limited stock price impact.