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Slew of PSU stake sales, including 6.5% in LIC, soon

Business Standard

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May 19, 2025

The government plans to divest a 6.5 per cent stake in Life Insurance Corporation (LIC) of India in tranches over the next 24 months, while kicking off a slew of share sales in central public-sector enterprises (CPSEs) this financial year to meet the stock market regulator's minimum public shareholding (MPS) mandates.

- Harsh Kumar & Asit Ranjan Mishra

Slew of PSU stake sales, including 6.5% in LIC, soon

"This year, we will follow a strategy of regular offers for sale (OFS) in small tranches. We are officially giving forward guidance for small investors to look out for it," Department of Investment and Public Asset Management (Dipam) Secretary Arunish Chawla told Business Standard in an interview.

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