Archive · 28 Nov 2025
LIC Raises Stake in ACC and NBCC
The Life Insurance Corporation of India (LIC) has bought more shares in two companies, ACC Ltd and NBCC (India).
LIC now owns over 10.5% of ACC and around 4.5% of NBCC.
They bought these shares over time through the market.
ACC's stock has not done very well in the last year, but NBCC's stock has gone up a lot in the last five years.
LIC said they bought the shares openly in the market, not through any special deals.
LIC increased its stake in ACC Ltd to 10.596% by purchasing 37,82,029 additional shares.
LIC's stake in NBCC (India) rose to 4.477% after acquiring 30,24,672 shares.
ACC's stock has declined over 15% in the last year but gained 3% in the last 3 months.
NBCC's stock has risen over 20% in the last year and 581% over the last 5 years.
LIC clarified that all acquisitions were made through market purchases, not preferential allotment or off-market transfers.
- Who
- Life Insurance Corporation of India (LIC)
- What
- Increased shareholding in ACC Ltd and NBCC (India)
- When
- Between 20 May 2025 and 25 November 2025 for ACC; 25 April 2018 to 24 November 2025 for NBCC
- Where
- India
- Why
- To increase investment in these companies
- LIC's stake in ACC
- 10.596%
- LIC's stake in NBCC
- 4.477%
- ACC's 52-week high
- ₹2,324.95
- ACC's 52-week low
- ₹1,775.05
- NBCC's 5-year return
- 581%
- ACC's 5-year return
- 9%
- NBCC's current voting capital
- 270,00,00,000 shares