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Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs

Govt grants one-time exemption to LIC to achieve 25 pc MPS in 10 yrs

by AIP Online Bureau | Dec 22, 2023 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

LIC stock jumped over 7 per cent to reach its 52-week high in morning trade on Friday after getting a one-time exemption to achieve 25 per cent Minimum Public Shareholding (MPS) within 10 years. The stock climbed 7.25 per cent to reach its 52-week high of Rs 820.05 on...

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