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gic ofs

gic share price: Govt to sell 6.78% stake in GIC Re via OFS, sets floor price at Rs 395/share

September 3, 2024 by Edward Johnson
gic share price: Govt to sell 6.78% stake in GIC Re via OFS, sets floor price at Rs 395/share

The government has proposed to sell a 6.78% stake in General Insurance Corporation (Re) of India via an offer for sale (OFS) and has set the floor price for the issue at Rs 395 per share. At this floor price, the size of the OFS is estimated to be around Rs 4,701 crore. The OFS … Read more

Categories BUSINESS Tags gic, gic ofs, gic share price, gic stock update, govt stake sale Leave a comment

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