AG Ventures Limited
LIC decreased its position in AG Ventures Limited by 28,652 shares, trimming its stake from 2.08% to 1.80%.
A commodity chemicals manufacturer established in 1978, the company produces insoluble sulphur and sulphuric acid for industrial applications across multiple sectors. It operates as a vertically integrated producer serving customers in the rubber, chemical processing, and manufacturing industries. The company also maintains strategic investments in complementary business segments, diversifying its revenue streams and strengthening its market position in the chemicals sector.
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.