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economyother1 source · 2h ago

Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty

The government plans to sell a 6.5% stake in Life Insurance Corporation at a floor price of ₹382 per share through an Offer for Sale to raise ₹31,000 crore for disinvestment.

Affected◉ India▪ Life Insurance Corporation◇ Arunish Chawla▪ Bombay Stock Exchange▪ Department of Investment and Public Asset Management▪ Government▪ Securities and Exchange Board of India
⌗ 1 outlet · 1 origin · Balanced
India × 1

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Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty — Prism