Government may pare LIC stake by year-end to boost public float
- Posted on October 29, 2025
- By Business News Today
- 3 Views
Government may pare LIC stake by year-end to boost public float
The Indian government is planning to sell a stake worth $1-1.5 billion in Life Insurance Corp (LIC) by year-end to increase its public float to 10%. Roadshows are expected soon to gauge investor demand for the sale, which will be conducted in multiple tranches to avoid impacting the stock price.
