Life Insurance Corporation of India (LIC) has raised its ownership in two top Indian consumer‑goods names, according to fresh filings from the companies.
LIC now owns 8.645 % of Tata Consumer Products, up from 6.633 %. The insurer bought more than 1.99 crore shares between July 11 and October 23, 2025.
At the same time, LIC boosted its stake in Dabur India from 4.918 % to 6.985 %. It acquired over 3.66 crore shares between February 18 and October 23 of this year.
These moves show LIC’s continued interest in India’s fast‑growing FMCG sector, which has stayed sturdy despite broader market swings.
The rise in investor demand comes after the government removed the goods and services tax (GST) on individual life‑insurance policies last month. On the first day after the GST cut, LIC saw more than Rs 1,100 crore of new premiums. That figure highlights how the tax break has made life‑insurance products more appealing to households.
Industry analysts say lifting the GST reduces costs for consumers and could lift sales of traditional life‑insurance plans in the months ahead.
LIC also posted a robust start to the fiscal year. In the April‑June quarter, the insurer posted a consolidated net profit of Rs 10,957 crore, a 3.91 % jump from the same quarter a year ago.
For more stories on LIC, Tata Consumer Products, Dabur India, and India’s insurance market, stay tuned.
Source: ianslive
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.
