Archive · 12 Dec 2025

LIC Reduces Stake in Adani Ports

LIC Reduces Stake in Adani Ports

The Life Insurance Corporation of India (LIC) has sold some of its shares in Adani Ports.

They sold about 2% of their shares, which means they now own a smaller part of the company.

Before this, LIC owned about 9.35% of Adani Ports, and now they own about 7.34%.

Adani Ports is doing well, and its share price has gone up a lot in the past year.

LIC also owns shares in other companies in the Adani group.

The share sale happened over a month, and the shares were sold in the open market.

Adani Ports made more money this quarter compared to last year.

Sources