Government Exercises Green Shoe Option in LIC Stake Sale After Robust Institutional Demand

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Government

4 August 2026 at 9:45 pm

Government Exercises Green Shoe Option in LIC Stake Sale After Robust Institutional Demand

HyperFast News

Summary

The government exercised its green shoe option for the ₹31,000-crore Offer for Sale (OFS) in Life Insurance Corporation (LIC) following strong institutional demand. Retail investors can participate on Wednesday with a ₹10 discount.

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