Gillette India Limited

LIC decreased its stake in Gillette India from 3.58% to 3.09%, selling 1,59,273 shares. This move is valued at approximately ₹124.41 crore, based on Gillette India's share price of ₹7810.00.

A leading manufacturer of personal grooming and oral care products in India, Gillette India produces fast-moving consumer goods across multiple brands in the shaving and oral hygiene categories. The company specializes in razors, shaving systems, and grooming solutions designed for the Indian consumer market. Known for its established brand portfolio and extensive distribution network, it operates as a key player in the competitive personal care segment.

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.