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LIC IPO- likely to open between May 4-9, smaller size risks India’s fiscal deficit target

LIC IPO- likely to open between May 4-9, smaller size risks India’s fiscal deficit target

by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The LIC board will meet Tuesday to decide the launch dates for its IPO along with the discount to be offered to policyholders, employees and retail shareholders LIC’s board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far...

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