Life Insurance Corporation of India (LIC) has increased its equity stake in Dabur India Ltd from 4.918% to 6.985%, according to a recent stock exchange filing. The move signals growing institutional confidence in Dabur’s long-term fundamentals and market positioning within India’s fast-moving consumer goods (FMCG) sector.
In a strategic equity move, Life Insurance Corporation of India (LIC) has raised its shareholding in Dabur India Ltd to 6.985%, up from 4.918%, as per a disclosure submitted to the Bombay Stock Exchange (BSE). The acquisition was executed through open market transactions, underscoring LIC’s continued confidence in Dabur’s growth trajectory and brand resilience.
Dabur, a leading player in Ayurveda-based and natural consumer products, has consistently delivered strong financial performance and expanded its market share across categories. LIC’s increased stake not only strengthens its portfolio exposure to the FMCG sector but also reflects institutional optimism about Dabur’s innovation pipeline and rural penetration strategy.
Notable Updates:
- LIC now holds 137,963,521 equity shares in Dabur India Ltd
- The stake hike was executed via open market purchases
- Dabur’s diversified product portfolio and rural reach remain key investor attractions
- The transaction aligns with LIC’s broader investment strategy in high-growth consumer sectors
Sources: Bombay Stock Exchange (BSE), National Stock Exchange (NSE) Circulars