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Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore

in5points

  1. Government to sell 6.5% stake in LIC through offer for sale.

  2. Over 82.22 crore shares to be sold at a floor price.

  3. Sale expected to fetch over Rs 30,000 crore if fully subscribed.

  4. Proceeds to go to disinvestment kitty.

4h ago · original ↗