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Govt to sell up to 5% stake in GIC at Rs 352 per share; OFS opens June 16

The government will sell up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale (OFS) at a floor price of Rs 352 per share, with the issue opening for institutional investors on Tuesday (June 16).

Raccontata dathehindubusinessline.comtimesofindia.indiatimes.comm.economictimes.comthehindu.com

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timesofindia.indiatimes.comStai leggendo23 h fa

Govt to sell up to 5% stake in GIC at Rs 352 per share; OFS opens June 16

The government will sell up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale (OFS) at a floor price of Rs 352 per share, with the issue opening for institutional investors on…

originale

thehindu.com9 h fa

Government to sell upto 5% stake in General Insurance Corporation, OFS opens June 16

Government to sell up to 5% stake in General Insurance Corporation at a discounted floor price starting June 16.

Leggi questa versione → originale

m.economictimes.com12 h fa

GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount

The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today at a floor price of Rs 352 per share. This move aims to raise over Rs 3,087 crore…

Leggi questa versione → originale

thehindubusinessline.com1 g fa

Govt to sell up to 5% stake in ‌General Insurance Corporation

The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

Leggi questa versione → originale

Timeline cronologica

1. lunedì 15 giugno 2026·thehindubusinessline.com
   

   Govt to sell up to 5% stake in ‌General Insurance Corporation

   The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

2. lunedì 15 giugno 2026·thehindubusinessline.com
   

   Government to sell up to 5% stake in ‌General Insurance Corporation

   The Indian government plans to sell a 5% stake in General Insurance Corporation through an OFS starting June 16.

3. lunedì 15 giugno 2026·timesofindia.indiatimes.com
   

   Govt to sell up to 5% stake in GIC at Rs 352 per share; OFS opens June 16

   The government will sell up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale (OFS) at a floor price of Rs 352 per share, with the issue…

4. martedì 16 giugno 2026·m.economictimes.com
   

   GIC shares decline 6% as Rs 3,088 crore OFS opens at 9% discount

   The government is set to divest up to a 5% stake in General Insurance Corporation of India (GIC) through an offer for sale, opening today at a floor price of Rs 352 per share.…

5. martedì 16 giugno 2026·thehindubusinessline.com
   

   GIC Re shares tumble 6% as govt launches OFS to divest up to 5% stake

   Shares of General Insurance Corporation of India (GIC Re) fell over 6 per cent in early trade on Tuesday after the government’s offer for sale (OFS) to divest up to a 5 per cent…

6. martedì 16 giugno 2026·thehindu.com
   

   Government to sell upto 5% stake in General Insurance Corporation, OFS opens June 16

   Government to sell up to 5% stake in General Insurance Corporation at a discounted floor price starting June 16.

7. martedì 16 giugno 2026·thehindu.com
   

   GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

   The Centre’s decision to shed stake in General Insurance Corporation of India was oversubscribed 3.72 times on day one of the two-day offer for sale (OFS) on Tuesday.