Life Insurance Corporation of India (LIC) has raised its shareholding in Hindustan Unilever Ltd. (HUL) to 6.74% from 4.73%. The acquisition of 4.72 crore shares through open market purchases between March 2022 and January 2026 underscores LIC’s confidence in the FMCG giant’s long-term growth prospects.
Life Insurance Corporation of India (LIC), the country’s largest institutional investor, has significantly increased its stake in Hindustan Unilever Ltd. (HUL). According to the latest exchange filing, LIC’s shareholding has risen to 6.74% of HUL’s total equity, up from 4.73%. The insurer acquired 4.72 crore shares via open market purchases over a period spanning March 2022 to January 2026.
Key Highlights
-
LIC’s total holding now stands at 15.83 crore shares of HUL
-
The acquisition involved 4,71,90,691 shares purchased in multiple tranches
-
The move positions LIC as a stronger institutional stakeholder in India’s leading FMCG company
-
The investment reflects LIC’s confidence in HUL’s robust market presence and consistent performance
-
HUL continues to be a dominant player in India’s consumer goods sector, with strong fundamentals and brand equity
Sources: ScanX News, InvestyWise