The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

CENTRALBK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-0.5%1-day move

₹31.22

prior close

₹31.29

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0—-0.5-1.0-1.2-2.9-4.0-2.9+2.6+3.2+0.1—

Up moveDown movePending

AI summary

Life Insurance Corporation of India (LIC) has disclosed an acquisition of 26.26 crore shares (2.901%) in Central Bank of India through market purchase on May 22, 2026. Prior to this acquisition, LIC held 3.158% (28.59 crore shares). After the purchase, LIC's total holding increased to 6.059% (54.85 crore shares). This is a disclosure under Regulation 29(1) of SEBI SAST Regulations 2011 for persons holding more than 5% shares. LIC clarified it does not belong to the Promoter/Promoter group of Central Bank of India.

Likely market impact

LIC crossing the 5% threshold signals institutional accumulation in the public sector bank. While still well below the 25% trigger point for open offers, continuous buying by a major institutional investor like LIC could be viewed positively by markets as a vote of confidence in the bank's fundamentals.