LIC Raises Stake In Havells India To Over 7%, Signaling Long-Term Confidence

Strategic Stake Hike Underscores Institutional Trust In Havells

In a regulatory filing, Havells India Ltd confirmed that Life Insurance Corporation of India (LIC) has raised its stake in the company to 7.043%, up from its earlier holding. The increase in shareholding was executed through open market purchases, as per disclosures submitted to the stock exchanges.

Havells, a leading player in India’s fast-moving electrical goods (FMEG) and power distribution equipment space, has consistently delivered strong financial results and maintained a robust brand presence across urban and rural markets. LIC’s enhanced investment is seen as a vote of confidence in the company’s fundamentals, product innovation, and expansion strategy.

The development comes at a time when institutional investors are selectively increasing exposure to companies with strong balance sheets and long-term growth visibility, especially in the infrastructure and consumer durables sectors.

Key Highlights  

• LIC raises stake in Havells India to 7.043%  
• Acquisition done via open market transactions  
• Reflects institutional confidence in Havells’ growth trajectory  
• Havells continues to expand in FMEG and power distribution segments  
• Strong brand equity and financial performance support investor interest  

Sources: BSE Filings, Economic Times, Business Standard, Moneycontrol, Havells India Ltd Investor Updates