LIC Raises Stake in Exide Industries With Fresh Open-Market Purchase

Kolkata, November 21: Life Corporation of India (LIC) has slightly increased its shareholding in Exide Industries Limited. LIC increased the stake through open-market transactions, increasing its shareholding to 5.023% from the previous 4.992%.

Exide Industries Limited (NSE: EXIDEIND, BSE: 500086) is an Indian multinational company and is the largest manufacturer of lead-acid storage batteries and power storage solutions in India. The company operates a fully integrated business, covering manufacturing, research, and lead recycling. The company was established in 1947, and is headquartered in Kolkata, West Bengal.

Transaction Details

According to the latest filing, LIC acquired 262,000 equity shares of Exide Industries on November 19, 2025,. With this, its total shareholding has increased to 42,693,006 shares, or 5.023% of the company’s total equity capital. Compared to its previous shareholding of 4.992%, it has increased its shareholding by 0.031%. According to the latest filing, LIC acquired 262,000 equity shares of Exide Industries on November 19, 2025, taking its cumulative holding to 42,693,006 shares, or 5.023% of the company’s total equity capital.

Shares Fall by 1.26% At ₹376

As of 3:00 PM, Exide Industries share price was down by 1.26%, or 4.80 points and was trading at ₹376. Until now, the shares have traded within a range of ₹380.40 and ₹375.10. The traded volume for the Exide Industries stock stood at 11.75 lakh shares, with the company’s market cap at ₹32,368 crore. The shares have their 52-week high at ₹472.50 and their 52-week low at ₹328.

Investor Takeaway for Exide Industries

LIC has raised its stake in Exide Industries by 0.031%. The raising of stake by a prestigious company like LIC is always a good sign for the company and the investors. It indicates that LIC is positive about the company’s business and future growth potential. Although the rise in stake is not very high, it has resulted in increasing LIC’s stake above the critical 5% mark. However, the shares of the company are feeling the selling pressure, leading to a share price fall.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/83E88EE0_4B0E_452F_8A8E_1865B69306DE_100508.pdf

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