Trent Limited
LIC increased its stake in Trent Limited from 2.92% to 3.03%, raising its shareholding from 10,385,300 to 16,140,270 shares. The value of its increased stake is ₹1,666.96 crore, with shares priced at ₹2900.10 apiece.
A specialty retailer operating across India through multiple retail formats and concepts, Trent sells apparel, footwear, accessories, toys, games, food, and grocery products to consumers nationwide. The company manages diverse store formats tailored to different customer segments and shopping occasions, combining both food and non-food categories. Its integrated approach to retail operations and multi-format strategy distinguish it within India's organized retail landscape.
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.