Government Launches LIC OFS, to Sell Up to 6.5% Stake at ₹382 Per Share

The Government of India has launched the much-awaited Offer for Sale (OFS) in Life Insurance Corporation of India, proposing to divest up to a 6.5% stake in the country’s largest insurer at a floor price of ₹382 per share. The two-day OFS opened on Tuesday, August 4, for non-retail investors, while retail investors will be … Continue reading Government Launches LIC OFS, to Sell Up to 6.5% Stake at ₹382 Per Share