SRF Limited
LIC increased its stake in SRF Limited from 3.33% to 3.51%, acquiring 5,38,584 shares through a rights issue.
A diversified chemical manufacturer, SRF produces technical textiles, specialty chemicals, packaging films, aluminum foils, and polymer solutions for industrial and consumer applications. Established in 1970, the company operates across multiple business segments serving automotive, pharmaceutical, food processing, and industrial sectors. SRF caters to customers in both domestic and international markets through its vertically integrated manufacturing operations and distribution network.
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.