The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Life Insurance Corporation of India
CIPLA · price
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Awaiting price reaction for this filing.
Life Insurance Corporation of India (LIC) has disclosed an open market purchase of 1,64,02,663 equity shares (2.030%) of Cipla Ltd between 17 July 2025 and 27 November 2025. This takes LIC's total holding in Cipla from 5.025% (4.05 crore shares) to 7.055% (5.70 crore shares). The disclosure is filed under SEBI SAST Regulation 29(2) because LIC is not classified as a promoter. The equity share capital of Cipla remains unchanged at approximately 161.55 crore shares.
This signals continued institutional confidence in Cipla from one of India's largest domestic investors. The creeping open-market buying by LIC is mildly positive for the stock and could provide some demand-side support, though LIC remains a financial investor and not a strategic stakeholder.