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The Government of India proposed an Offer for Sale of up to 2.5% of LIC at a floor price of ₹382 per share on August 4–5, 2026, with an option to increase the sale to 6.5% and a separate employee allocation of up to 0.04%.
Government Announces Up To 6.5% LIC Stake Sale At ₹382 Floor Price
Government Sells Up To 6.5% LIC Stake Via ₹31,410 Crore OFS
LIC CFO Sunil Agrawal Resigns Effective July 14