Power Grid Corporation of India Limited
LIC raised its stake in Power Grid Corporation of India Limited from 4.52% to 5.50%, holding 51,19,52,711 shares at the end of the period. This quarterly change of 9,15,15,707 shares includes 19,09,000 shares from prior disclosures.
India's largest electric power transmission company operating extra-high voltage alternating current and high-voltage direct current transmission lines across the country. A Maharatna central public sector undertaking incorporated in 1989, it builds and maintains critical infrastructure for power distribution. The company plays a vital role in connecting power generation sources to distribution networks, enabling reliable electricity supply to consumers nationwide.
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.