Government to sell LIC minority stake; DIPAM to finalise plan;...

Dununu.com Dununu

Commandité

Government to sell LIC minority stake; DIPAM to finalise plan; 96.5% holding remains after 2022 IPO

RSS Feed Business

Posté

41

The government is planning to sell more shares of Life Insurance Corporation (LIC) through an Offer for Sale (OFS). DIPAM will finalize the transaction details, with the government needing to offload a 6.5% stake by May 2027 to meet the 10% public ownership requirement. Currently, the government holds a 96.5% stake in LIC.

Read Full Article

Connectez-vous pour aimer, partager et commenter!

‘Maratha Military Landscapes’ get Unesco tag; 44th honour for India; forts highlight strategic strength

Par 0 1

Satish Kaushik REJECTED Aamir Khan for Mr India for THIS reason

Aamir Khan, before his Bollywood fame, faced rejection from Satish Kaushik for an assistant...

Par 0 3

Ball-change controversy at Lord's: Shubman Gill slammed

Day 2 of the Lord's Test saw India repeatedly requesting ball changes, sparking criticism from...

Par 0 18

Valuation fears hit defence stocks: Where are they headed? Here’s what analysts say

Indian defence stocks experienced a downturn on Thursday as investors engaged in profit booking...

Par 0 20

Amit Shah chairs Yamuna clean-up meet; asks Delhi, states to act on pollution; calls for STP upgrade, water use reform

Par 0 21