Samvardhana Motherson International Limited
LIC took a new position in Samvardhana Motherson International, acquiring 176,374,867 shares, which represents a 1.67% stake in the company. The shares are valued at approximately ₹2566.97 crore at a price of ₹145.55 apiece.
A manufacturer of automotive components and systems serving original equipment manufacturers across India. Motherson Sumi Systems specializes in producing precision-engineered parts including electrical systems, fuel systems, and interior components for the automotive industry. The company operates as a vertically integrated enterprise, combining advanced manufacturing capabilities with robust supply chain infrastructure to deliver components to major domestic and international vehicle manufacturers consistently.
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.