Life Insurance Corporation of India (LIC) has increased its stake in Cipla Limited to 5.024% through a market purchase on July 17, 2025, according to a disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition involved 3,00,000 shares, representing 0.037% of Cipla's equity share capital.
| Particulars | Before Acquisition | Acquired | After Acquisition |
|---|---|---|---|
| Shares carrying voting rights | 4,02,86,998 | 3,00,000 | 4,05,86,998 |
| % w.r.t total share/voting capital | 4.987% | 0.037% | 5.024% |
Details of Acquisition
LIC acquired 3,00,000 shares of Cipla through a market purchase, increasing its holding from 4,02,86,998 shares to 4,05,86,998 shares. This acquisition raised LIC's stake in Cipla from 4.987% to 5.024% of the company's equity share capital.
Share Capital Details
The equity share capital/total voting capital of Cipla before and after the acquisition remains unchanged at 1,61,55,02,442.00.
Regulatory Disclosures
The disclosure was made in compliance with Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The information was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Market Impact
The acquisition reflects LIC's increased confidence in Cipla. The market may react positively to this increased stake, potentially influencing Cipla's stock performance.
