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The Hindu Businessline

Business / The Hindu Businessline

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Government mulls LIC stake sale via FPO in next financial year

Currently holding 96.5% of LIC, the government needs to sell an additional 6.5% to meet the 10% public shareholding mandate by May 2027, after offloading 3.5% via the 2022 IPO

2 Feb 2026 7:22 pm