Here's why Wednesday is an important day for LG Electronics India shareholders

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HomeMarket NewsHere's why Wednesday is an important day for LG Electronics India shareholders

At the end of the December quarter, LG Electronics India's promoters had a 85% stake in the company, higher than the minimum shareholding limit of 75%.

Shares of LG Electronics India Ltd. will be in focus on Wednesday, April 15, as its shareholder lock-in period comes to an end.

According to Nuvama Alternative & Quantitative Research, the six-month shareholder lock-in for LG Electronics will come to an end on Wednesday.

As many as 441.2 million shares of the company, or 65% of its outstanding equity will free up for trade once the lock-in period ends, according to the Nuvama note.

It must be noted that the end of the shareholder lock-in period does not mean that all those shares will be sold in the open market. They only become eligible for trading.

Based on Monday's closing price, the value of the shares that will free up for trade on Wednesday is ₹66,180 crore.

At the end of the December quarter, LG Electronics India's promoters had a 85% stake in the company, higher than the minimum shareholding limit of 75%.

Among the public shareholders, Mutual Funds of India had a 5.4% stake in the company, followed by a 3% stake owned by Foreign Portfolio Investors.

As many as 10.6 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, held a 3.6% stake in the company as of December 31, 2025.

The company has not yet disclosed shareholding for the March quarter.

Shares of LG Electronics India ended 1.8% higher on Monday at ₹1,503.5. The stock is down 14% from its post-listing high of ₹1,749, but remains above its issue price.

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