Tata Power Company Ltd has reported an increase in shareholding by Life Insurance Corporation of India (LIC), crossing the 5% threshold that triggers mandatory disclosure under SEBI regulations. The state-owned insurance giant filed the disclosure on December 12, 2025, following its latest share acquisition in the power utility company.

Transaction Details

LIC acquired 4,50,000 shares of Tata Power through market purchase on December 11, 2025. This transaction increased the insurer's total shareholding from 15,96,13,645 shares to 16,00,63,645 shares.

Regulatory Compliance

The disclosure was made under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates disclosure by any person or entity holding more than 5% shares in a listed company. LIC's crossing of this threshold necessitated the formal notification to Tata Power's management and the stock exchanges.

Share Capital Context

At the time of the transaction, Tata Power's equity share capital stood at ₹3,19,53,39,547.00. The company's shares are listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), where the acquisition took place through regular market operations.

Institutional Investment Significance

LIC's increased stake in Tata Power reflects the insurance corporation's investment strategy in the power sector. As one of India's largest institutional investors, LIC's shareholding movements are closely watched by market participants. The acquisition, while modest in percentage terms, represents a significant absolute investment given Tata Power's market capitalization.

The disclosure document was filed by LIC's Central Office Investment Department and copied to both NSE and BSE as per regulatory requirements. This transaction demonstrates continued institutional interest in Tata Power's equity, particularly from government-owned financial institutions.

Tata Power Co. Ltd. executed a substantial block trade on the National Stock Exchange (NSE), marking a significant transaction in the power sector stock. The trade represents a notable institutional activity in one of India's leading integrated power companies.

Block Trade Details

The transaction details highlight the scale and pricing of this institutional trade:

Market Implications

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell substantial quantities of shares without significantly impacting the stock's market price. These transactions are conducted outside the regular trading mechanism to ensure minimal market disruption.

The execution price of ₹381.50 per share provides a reference point for the stock's institutional valuation during this transaction. Such large-volume trades often indicate strategic portfolio adjustments by institutional investors or potential stake changes in the company.

Transaction Significance

The ₹46.09 crore transaction represents a meaningful volume of shares changing hands in a single block trade. For Tata Power, which operates across the power generation, transmission, and distribution segments, such institutional activity reflects continued investor interest in the company's stock.

Block trades serve as important indicators of institutional sentiment and can provide insights into large investor movements that might not be immediately visible through regular market trading patterns.