LIC stake sale

Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore

The floor price is at a 10 per cent discount over Monday's closing price of LIC shares.

Government to sell up to 6.5% stake in LIC, may mop up Rs 31k cr

The government is selling up to 6.5% of LIC shares through an offer for sale. This divestment aims to meet minimum public shareholding norms ahead of schedule. The offer begins Tuesday and closes Wednesday with a base price of Rs 382. Successful sale will raise approximately Rs 31,400 crore for the government. This move contributes significantly to the government's annual disinvestment target.

LIC slumps as govt puts 6.5% stake on the block

LIC Shares Fall 7% After Govt Launches ₹31,000 Crore Stake Sale Through OFS

LIC OFS Sees 66% Institutional Subscription, Government Aims To Raise ₹31,000 Crore Through Stake Sale

LIC's ₹30,000 crore share sale sparks debate in D-St

SBI Group To Sell Up To 1% Stake In NSE, ₹30,000-Crore IPO Planned Soon