India to Sell Up to 6.5% Stake in LIC Through ₹31,400 Crore Offer for Sale
August 4, 2026
The Government of India has announced plans to divest up to a 6.5% stake in Life Insurance Corporation of India (LIC) through an Offer for Sale (OFS), a move that could raise as much as ₹31,400 crore (approximately $3.3 billion). The transaction is part…
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