New Delhi, Nov. 28 -- Life Insurance Corporation of India (LIC) has increased its shareholding in Adani Group-backed cement major ACC Ltd, taking its stake above the 10% threshold, according to a regulatory filing. Furthermore, it has also raised stake in PSU stock NBCC (India) to around 4.5%.

The insurer purchased an additional 37,82,029 shares, amounting to 2.014% of the company's equity through the market purchase route.

Following the acquisition, LIC's total holding in ACC rose to 1,98,97,064 shares, equivalent to 10.596% of the company's paid-up share capital.

The filing shows that LIC acquired additional shares of ACC through market purchases between 20 May 2025 and 25 November 2025. Before the transaction, LIC held 1,61,15,035 e...