PI Industries Limited

LIC increased its stake in PI Industries from 6.89% to 7.01% by purchasing 184,500 shares for ₹48.43 crore at ₹2623.80 apiece.

A leading agrochemical manufacturer producing pesticides and crop protection solutions for domestic and international markets. The company operates state-of-the-art manufacturing facilities in Gujarat, equipped with integrated process development teams and in-house engineering capabilities that enable efficient product development and innovation. This vertical integration distinguishes it in the agro-chemicals sector, allowing the company to maintain quality standards and respond effectively to evolving market demands across its diversified portfolio of crop protection products and solutions.

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.