Economic TimesLean R·
LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange's IPO. LIC holds a significant 10.7% stake in NSE. The insurer believes NSE has long-term value creation potential. This decision aligns with LIC's strategy of building substantial stakes in major Indian companies. NSE's growth and market dominance support LIC's long-term investment view.
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