Big News Came From Anil Aggarwal's Vedanta, LIC Booked Profit; Sold More Than 7 Crore Shares
Life Insurance Corporation of India LIC has reduced its stake in Vedanta Limited. The company sold more than 7 crore shares through market sale, reducing its stake from 6.889 to 4.881. This disinvestment ran from April 2017 to January 2026. LIC informed about this change under SEBI rules, making it clear that it is not part of Vedanta's promoter group.