The Government will offload up to 6.54 per cent of its holding in the Life Insurance Corporation of India through offer for sale (OFS) mechanism. The OFS will open for non-retail investors today and. retail investors can bid on Wednesday. Government offers to disinvest 2.5 per cent equity with an additional 4 per cent as a green shoe option. Floor price has been fixed as ₹382 per share.According to market buzz, SAIF Partners is likely to sell a 2.3 per cent stake in One97 Communications (Paytm) through block deals at a floor price of ₹1,339.65 a share. Similarly, Peak XV Partners and Elevation Capital are likely to sell a 2.3 per cent stake (representing 10.5 crore shares) in Meesho through block deals at a floor price set at ₹182.08 per share.Kirloskar Pneumatic Company has completed acquisition of 99.49% of the total voting power in M/s Kirloskar South East Asia Co. (KSEA), further strengthening its strategic presence in the region. With this, Kirloskar South East Asia Co. has become a subsidiary of the company.The board of Arvind Limited has approved the launch of its Qualified Institutions Placement (QIP) on August 3. The finance committee has fixed the floor price for QIP at ₹518.58 per share following robust shareholder backing. The placement is geared toward reinforcing the firm’s liquidity and funding targeted capacity expansion.The Food Safety and Standards Authority of India (FSSAI) on Monday said it has issued a prohibition of sale order to Dabur India over the sales of food products carrying “misleading 100%” claims. It said this included honey, Apple Cider Vinegar, Virgin Coconut Oil, Sesame Oil, Cow Ghee, Coconut Water, Coconut Milk and other such products. The food safety regulator said it has directed the company to “immediately prohibit” the sale of these products and submit an action taken report within 15 days.Jupiter Wagons Ltd has completed the acquisition of the remaining 1.94 per cent equity stake in its material subsidiary, Jupiter Tatravagonka Railwheel Factory Private Limited, for a cash consideration of ₹16.53 crore. This transaction elevates the company’s total holding to 100%, establishing absolute operational control over its key railwheel vertical. Concurrently, the company is reported to have formed a strategic partnership with Lucchini RS for rail wheel production, with Lucchini and Simest investing €28 million for a 25% stake (as stated in the source alert; not independently verified).The board of UPL Ltd has accepted the resignation of Mike Frank as Chief Executive Officer of UPL Corporation Limited. The departure follows Frank’s decision to relocate back to the United States due to personal commitments, ending a tenure of four and a half years. More Like ThisPublished on August 4, 2026