Honeywell Automation India Limited
LIC has dropped off Honeywell Automation India Limited's latest shareholder list after previously holding a 1.03 percent stake. LIC either executed a complete exit or trimmed the position to just below the 1 percent public disclosure threshold.
A leading provider of automation and control solutions for industrial applications across India. Honeywell Automation India designs, manufactures, and distributes products for building management, industrial automation, and process control systems. The company serves diverse sectors including oil and gas, power, chemicals, pharmaceuticals, and commercial buildings through its integrated technology offerings and technical support services.
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.