GTL Infrastructure Limited
LIC reduced its stake in GTL Infrastructure from 2.83% to 2.76% by selling 1 crore shares.
A provider of passive telecom infrastructure sharing and energy management solutions in India's telecommunications sector. Incorporated in 2004, GTL Infra operates tower infrastructure and related services that support network operators across the country. The company differentiates itself through integrated infrastructure solutions combining tower assets with power management capabilities, enabling telecom operators to optimize operational efficiency and reduce costs in network deployment and maintenance.
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.