Anil Agarwal's Vedanta shares have received significant news, with LIC booking profits and selling over 7 crore shares.:LIC reduces its stake in Vedanta.

News Topical, Digital Desk : Life Insurance Corporation of India has reduced its shareholding in Vedanta Limited (LIC reduces stake in Vedanta), the company disclosed in a BSE filing. According to information provided to the exchange, LIC reduced its stake by selling over 7 crore shares.

Entities holding more than 5% stakes in listed companies are required to file relevant information under SEBI regulations. The state-owned insurance company has reduced its stake through market sales that have lasted nearly nine years.

LIC sold 78505399 shares of Vedanta

LIC's stake reduction is a major divestment from the mining and metals company. Transaction details show that the insurance company systematically reduced its stake in Vedanta shares.

LIC has reduced its stake in Vedanta by 2.008%. The company sold 78,505,399 shares, reducing its stake from 6.889% to 4.881%. It now holds 19,0872,447 shares.

Parameters	Before selling	After selling	shift
Number of shares	269,377,846	190,872,447	-78,505,399
Shareholding %	6.89%	4.88%	-2.01%
Total Voting Capital	₹391,03,88,057	₹391,03,88,057	no changes

According to exchange filings, LIC sold shares through market transactions over a period of time from April 26, 2017, to January 14, 2026. The insurance corporation filed the required regulatory disclosure under Regulation 29(2) of the SEBI (Major Acquisitions of Shares and Takeovers) Regulations, 2011, on January 16, 2026.

LIC filed this information with both major stock exchanges – NSE and BSE – where Vedanta shares are listed. This filing confirms that LIC is not a promoter or part of the promoter group of Vedanta Limited.