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India Seeks to Raise at Least $1.3 Billion in LIC Share Sale

Bloomberg Markets Monday 03 August 2026, 16:13 UTC By Vikram Kumar and Shruti Srivastava 1 min read
Key Points

India Seeks to Raise at Least $1.3 Billion in LIC Share Sale The Indian government is looking to sell at least 2.5% stake in Life Insurance Corp. as part of its plan to meet the minimum public float rules. The offer, with an option to offload an additional 4% in the nation’s largest life insurer, opens on Tuesday, according to an exchange filing on Monday.

India Seeks to Raise at Least $1.3 Billion in LIC Share Sale The Indian government is looking to sell at least 2.5% stake in Life Insurance Corp. as part of its plan to meet the minimum public float rules. The offer, with an option to offload an additional 4% in the nation’s largest life insurer, opens on Tuesday, according to an exchange filing on Monday.
Raise at Least $1.3 Billion (ORG) LIC Share Sale India Seeks (ORG) Indian (ORG) Life Insurance Corp. (ORG)
Originally published by Bloomberg Markets Read original →

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