SPR Auto Technologies Limited

LIC, which previously held a 1.17 percent stake in Shriram Pistons & Rings Limited, no longer appears on the company's disclosed shareholder list, indicating either a complete exit or a reduction in its holding to below the 1 percent disclosure threshold.

A manufacturer of pistons, piston pins, piston rings, and engine valves, Shriram Pistons supplies critical engine components to leading automotive companies across India and international markets. The company specializes in precision-engineered components for passenger vehicles, commercial vehicles, and two-wheelers. Its vertical integration in manufacturing and focus on quality control distinguish it as a reliable supplier in the auto components 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.