Britannia Industries Limited
LIC increased its stake in Britannia Industries Limited from 4.48% to 5.22%, raising its holding to 1,25,85,412 shares. While prior disclosures this quarter accounted for 53,260 shares, the overall position grew by 18,00,961 shares.
One of India's leading food companies with a century-long heritage, Britannia manufactures trusted household brands across biscuits, bread, cakes, rusks, dairy products, and beverages. The company produces popular products including Good Day, Tiger, NutriChoice, Milk Bikis, and Marie Gold that are recognized across Indian households. Its operations span manufacturing, distribution, and retail, establishing it as a significant player in the consumer food sector.
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.