07-August-2026
Economy News
 
LIC stake sale garners over Rs 31,552 crore
06-Aug-2026

Backed by strong institutional demand, the Centre on Wednesday successfully concluded the offer for sale (OFS) of a 6.5% stake in Life Insurance Corporation (LIC), raising around Rs 31,552 crore, making it India’s largest public offering ever.

News Source:- https://www.financialexpress.com/business/industry-lic-stake-sale-garners-over-rs-31552-crore-4311603/