Economic TimesLean R·
Govt to sell up to 5% stake in insurer GIC via OFS
The Indian government is set to divest up to a 5% stake in General Insurance Corporation. This offer for sale begins for non-retail investors on June 16 and for retail investors on June 17. The floor price is fixed at 352 Indian rupees per share. This move is part of a larger plan to meet public shareholding norms.
Read at Economic Times →
