Acquiring Company
Life Insurance Corporation of India
Acquired Company
Granules India Ltd
JaipurHyderabadInsuranceManufacturingBiotechnologyHealth CarePharmaceuticalDescription
Life Insurance Corporation of India (LIC) has disclosed a change in its shareholding in Granules India Ltd., bringing its stake to 2.916%. This adjustment follows a substantial acquisition involving the sale of shares in the market. The disclosure is in line with regulations from the Securities and Exchange Board of India (SEBI). LIC's updated holding reflects compliance with substantial acquisition regulations.
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Based on deal dataFrequently asked
Who acquired Granules India Ltd?
Granules India Ltd was acquired by Life Insurance Corporation of India, based in Jaipur. The deal was reported on August 4, 2026. Life Insurance Corporation of India (LIC) is a statutory Corporation established under Section 3 of LIC Act, 1956. Life Insurance Corporation of India is privately held and operates in Insurance.
When did Life Insurance Corporation of India acquire Granules India Ltd?
Life Insurance Corporation of India's acquisition of Granules India Ltd was reported on August 4, 2026. Life Insurance Corporation of India (LIC) has disclosed a change in its shareholding in Granules India Ltd., bringing its stake to 2.916%. This adjustment follows a substantial acquisition involving the sale of shares in the market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Granules India Ltd do?
Granules India Ltd. is a pharmaceutical company specializing in the production of active pharmaceutical ingredients and pharmaceutical formulations. Founded in 1984, Granules plays a key role in the global pharmaceutical supply chain. It is privately held, operating in Manufacturing, and is based in Hyderabad.