NLC India Limited
SBI Life Insurance decreased its stake in NLC India Limited from 2.17% to 1.68%, reducing its shareholding from 30,113,763 shares to 23,284,466 shares. This change reflects a decrease of 6,829,297 shares. The value of the reduced stake is approximately ₹186.67 Cr based on the share price of ₹273.10.
A major power generation company engaged in lignite mining and thermal power production across multiple states in India. The company operates coal-fired power plants while expanding its renewable energy portfolio to include solar and wind capacity. NLC India serves as a key contributor to the nation's energy infrastructure through vertically integrated mining and generation operations, supplying power to utilities and industrial consumers nationwide.
Joint venture between State Bank of India and BNP Paribas Cardif. Manages over Rs 4.7 lakh crore in total AUM with the flagship SBI Life Equity Fund alone holding over Rs 77,000 crore. One of India's largest private life insurers by AUM, with a multi-cap equity book deployed across ULIP and participating funds.