Britannia Industries Limited
LIC bought 53,260 shares of Britannia Industries Limited through an open-market purchase, raising its stake from 4.98% to 5.01% and crossing the 5% disclosure threshold.
One of India's leading food companies with a century-long heritage, Britannia manufactures trusted household brands across biscuits, bread, cakes, rusks, dairy products, and beverages. The company produces popular products including Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold that are recognized across Indian households. Its operations span manufacturing, distribution, and retail, establishing it as a significant player in the consumer food sector.
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.