Godrej Agrovet Limited
LIC entered Godrej Agrovet, buying 23,27,975 shares worth ₹132.22 Cr at ₹567.80 apiece, for a 1.21% stake.
An agri-business company dedicated to improving farmer productivity through innovation and research and development across multiple segments. Godrej Agrovet operates in animal feed, crop protection, oil palm, dairy, poultry, and processed foods, holding leading market positions in each business. The company develops sustainable solutions designed to increase crop and livestock yields for Indian farmers while advancing agricultural productivity across the nation.
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.