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
DABUR · price
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Life Insurance Corporation of India (LIC), which is not part of the promoter group, has disclosed acquisition of 36,662,597 equity shares (2.067%) of Dabur India Ltd through market purchases between 18 February 2025 and 23 October 2025. LIC's stake in Dabur has risen from 4.918% (8.72 crore shares) to 6.985% (12.39 crore shares), thereby crossing the 5% disclosure threshold. The equity share capital of Dabur remained unchanged at 177.37 crore shares, indicating that LIC bought these shares from the open market rather than through any fresh issue.
This is a significant institutional buying signal — a major domestic institutional investor (LIC) has built a sizeable ~7% stake in Dabur India, crossing the 5% mark and moving closer to the 10% disclosure threshold. For shareholders, this indicates strong institutional confidence in the stock and may provide price support, while also raising the possibility of further accumulation by LIC in the future.