Tech Mahindra: LIC raises stake by 2% via market purchase, now holds over 10.8%
Life Insurance Corporation of India (LIC) has increased its stake in IT services firm Tech Mahindra by about 2% through the open market. The insurance behemoth disclosed in a regulatory filing today, September 16, that it bought 1.96 crore shares of Tech Mahindra between June 06, 2025, and September 15, 2025.
As a result of this transaction, LIC’s overall stake in the company crossed 10%, reaching 10.84% or 10.61 crore shares. According to Trendlyne shareholding data, LIC has been maintaining a stake in the Mahindra Group company since 2015.
