Capri Global Capital Limited
LIC decreased its stake in Capri Global Capital Limited from 8.22% to 7.98%, selling 2,274,175 shares. The value of shares sold is ₹53.25 Cr at ₹234.32 apiece.
A diversified non-banking financial company providing lending solutions across multiple segments including micro and small enterprises, affordable housing, construction finance, and car loans. The company expanded into gold loans in 2022 and owns UP Warriorz, a professional women's cricket franchise competing in the Women's Premier League. The company serves customers across India with a focus on underserved borrower segments.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.