National Fertilizers Limited
LIC decreased its stake in National Fertilizers Limited from 4.12% to 3.59%, reducing its shareholding by 25,92,963 shares.
A state-owned producer of fertilizers and agricultural inputs, the company manufactures Neem Coated Urea, bio-fertilizers in solid and liquid forms, and various allied industrial products for the agricultural sector. It also engages in trading of imported and domestic fertilizers, compost, seeds, and other agro-based products. The company operates through integrated production and distribution networks across India.
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.