Centre grants one-time exemption to LIC to achieve 25% minimum public shareholding

Dec 22, 2023

The central government has granted a one-time exemption to Life Insurance Corporation of India (LIC) to achieve 25 per cent Minimum Public Shareholding (MPS)...

SEBI grants LIC three more years to achieve 10% public shareholding

May 15, 2024

The Securities and Exchange Board of India (SEBI) has granted an additional three years of time to the Life Insurance Corporation of India (LIC)...

5 flouting PSBs laid out action plan to meet minimum public shareholding requirement: Official

Mar 14, 2024

Five out of 12 Public Sector Banks (PSBs) are still not complying with the minimum public shareholding (MPS) norm (25 per cent), a senior...

Patanjali Foods' promoters say shareholding freeze won't impact company's financial position

Mar 16, 2023

Earlier the stock exchanges had put a freeze on the shares owned by the promoters for not meeting the minimum public shareholding (MPS) requirements...

Public issue of LIC expected shortly, says Nirmala Sitharaman

Feb 01, 2022

New Delhi [India], February 1 : Union Finance Minister Nirmala Sitharaman on Tuesday announced that Initial Public Offering (IPO) of Life Insurance Corporation of...

Govt refutes speculation over LIC IPO's delay, says it is 'on course'

Dec 20, 2021

New Delhi [India], December 20 : The government on Sunday refuted media speculation around the initial public offer (IPO) of Life Insurance Corporation (LIC)...