LIC: LIC gets more time for 10% public holding
Mumbai: The Securities and Exchange Board of India (Sebi) Wednesday extended the deadline for Life Insurance Corporation (LIC) to achieve a 10% public shareholding by three years, pushing it to 2027. This extension provides LIC with much-needed flexibility on regulatory requirements as its current public shareholding is just 3.5%. Earlier, LIC had got a one-time … Read more
