Government mulls LIC stake sale via FPO in next financial year

Currently holding 96.5% of LIC, the government needs to sell an additional 6.5% to meet the 10% public shareholding mandate by May 2027, after offloading 3.5% via the 2022 IPO

Government mulls LIC stake sale via FPO in next financial year
Currently holding 96.5% of LIC, the government needs to sell an additional 6.5% to meet the 10% public shareholding mandate by May 2027, after offloading 3.5% via the 2022 IPO

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