'This is to inform that the Life Insurance Corporation of India has been acquired the equity shares of State Bank of India.'.

Creeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

LICI · price

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

Price reactionminutes from the announcement price · days from the prior close

-1.0%Reaction day

₹464.50

prior close

₹464.55

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.5%-0.5% vs market

Insurance peers, median of 11sector · industry level+0.3%-1.3% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 1.3 pts less than its Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.0

15m

-0.0

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-0.5-0.5+0.3-1.3

Next day

-0.6-0.2-0.4-0.1-0.6

-1.2-0.6-0.5-0.8-0.4

-4.6-2.3-2.3-2.2-2.4

-4.3-3.1-1.2-3.0-1.4

-3.2-2.3-1.0-2.7-0.5

-3.6-2.9-0.7+0.1-3.7

15d

-1.4-4.8+3.4+0.8-2.2

-4.2-2.5-1.7+1.9-6.1

-2.5-1.0-1.5+0.6-3.2

-3.0-0.3-2.8-0.3-2.8

UpDownMarket · Nifty Midcap 150Sector · Insurance peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LIC has acquired additional equity shares of State Bank of India, subscribing to SBI's Qualified Institutional Placement (QIP). LIC bought 6,11,99,511 shares at Rs. 817 per share, totalling Rs. 5,000 crore. As a result, LIC's shareholding in SBI increased from 9.21% to 9.49% of paid-up capital. The acquisition was made as a long-term investment during market hours on July 21, 2025. Share credit is expected by July 23, 2025, with listing on July 24, 2025.

Likely market impact

This signals strong institutional confidence in SBI by India's largest domestic insurer and is likely to be viewed positively by SBI shareholders. The creeping stake increase to 9.49% means LIC is nearing the 10% disclosure threshold, which could trigger further regulatory reporting if crossed in the future.