Life Insurance Corporation (LIC) has increased its shareholding in FMCG majors Tata Consumer Products and Dabur India, as per exchange filings by both companies.
According to the exchange filing dated October 24, India’s largest life insurer raised its stake in Tata Group’s FMCG company Tata Consumer Product by 2 per cent to 8.645 per cent from 6.633 per cent.
However, despite the notable increase in LIC’s shareholding, Tata Consumer Products’ total equity share capital remains unchanged at 98,95,41,732 shares. This suggests that the change resulted from secondary market transactions rather than any fresh share issuance by the company.
On the other hand, the PSU increased its equity stake in Dabur India by 2.067 per cent, acquiring more than 3.66 crore shares. Its total holding has risen to 6.985 per cent from the earlier 4.918 per cent. The stake purchase took place between February 18, 2025, and October 23, 2025.
(This is a developing story)
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
