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
CIPLA · price
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Life Insurance Corporation of India (LIC) purchased 3,00,000 shares of Cipla through a market purchase on 17 July 2025. This acquisition increased LIC's holding from 4.987% (4,02,86,998 shares) to 5.024% (4,05,86,998 shares), crossing the 5% disclosure threshold under SEBI SAST Regulations. LIC is classified as a non-promoter acquirer, meaning this is an institutional portfolio investment rather than a promoter-related change. The acquisition is small in size (0.037%) and was executed via open market purchase.
This is a routine institutional disclosure — LIC has marginally increased its exposure in Cipla by crossing a regulatory reporting threshold. No material impact on share price or promoter control is expected as the stake change is tiny (just 3 lakh shares).