02 Feb 2026 | 5 Mins Read
Government considers selling LIC stake through public issue
Flipitmoney
The Indian government is considering a further public offering to reduce its 96.5% stake in LIC, aiming to meet the 10% public shareholding requirement by May 2027. Financial Secretary M Nagaraju stated that a public offer for LIC may occur next financial year if market conditions are favorable, with the government potentially offloading an additional 6.5% stake.