Economic TimesLean R·
LIC shares tumble 9% as OFS opens at 11% discount. Here's all you need to know
Life Insurance Corporation of India shares fell as the government plans a stake sale. The offer for sale opens for non-retail investors on July 4. Retail investors can participate in the stake sale on July 5. This divestment aims to increase LIC's public shareholding gradually. The government seeks to raise funds through this significant stake sale.
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