Empire Industries Limited
LIC trimmed its stake in Empire Industries Limited from 5.95% to 5.85%, selling 5,711 shares.
A diversified industrial company incorporated in 1900, Empire Industries manufactures container glass for beverage and food packaging applications across India. The company operates through multiple business segments including frozen food trading, indenting and commission agency services, and property development activities. Its century-long operational history combined with a diversified portfolio spanning manufacturing, trading, and real estate distinguishes it in India's industrial 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.