Indraprastha Gas Limited
SBI Life Insurance increased its stake in Indraprastha Gas Limited from 1.36% to 1.44%, acquiring 1.2 million additional shares worth ₹18.37 crore at ₹153.07 apiece.
A city gas distributor established in 1998, Indraprastha Gas Limited supplies compressed natural gas, piped natural gas, and liquefied petroleum gas across the National Capital Territory and surrounding regions. The company operates as a key energy infrastructure provider, serving residential, commercial, and industrial customers across Delhi, Noida, Gurugram, Kanpur, Meerut, and other northern cities. It plays an important role in energy distribution across its service areas.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.