Adani Energy Solutions Limited
LIC decreased its stake in Adani Energy Solutions from 3.42% to 3.33%, selling 1,043,706 shares. The company has not announced any rights issue since 2018.
India's largest private power transmission company, Adani Energy Solutions operates across multiple segments of the energy sector including transmission, distribution, smart metering, and advanced cooling solutions. The company provides critical infrastructure for power delivery and grid management across India's diverse regions. Its vertically integrated and diversified energy portfolio positions it as a key player in the nation's power infrastructure ecosystem and energy transition.
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.