The Indian Hotels Company Limited
LIC raised its stake in The Indian Hotels Company from 2.64% to 2.88%, purchasing 35,08,700 shares to bring its total holding to 4,10,42,392 shares.
One of India's leading hospitality companies, Indian Hotels operates a diversified portfolio spanning luxury, upscale, and midscale hotel segments across multiple brands and properties. The company manages accommodations and hospitality services in four continents, 12 countries, and over 100 cities, serving both domestic and international guests. Its distinctive positioning combines heritage brands with contemporary offerings across multiple price points and market segments.
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.