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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 stake in the state-owned reinsurer opened for investors.
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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.
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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.
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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…
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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.…
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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…
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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.