Govt of India, LIC promoter, sells shares via Offer for Sale

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

LICI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹392.65

prior close

₹394.90

announcement price

After-mkt

timing

Nifty Midcap 150market+0.5%-0.4% vs market

Life Insurance peers, median of 5sector-0.3%+0.4% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.4 pts more than its Life Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.3

15m

-0.4

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.1+0.5-0.4-0.3+0.4

Next day

+3.2+0.4+2.8-1.0+4.1

+6.0+0.7+5.3-0.4+6.4

+4.5+0.8+3.7-0.5+5.0

+5.3+0.2+5.1-0.4+5.7

+4.4+0.4+4.0+0.9+3.5

+5.2-0.2+5.5-0.3+5.5

15d

+6.5+0.7+5.7+3.0+3.5

+3.3-2.0+5.3-2.2+5.5

-0.3-7.5+7.2-9.6+9.3

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UpDownMarket · Nifty Midcap 150Sector · Life Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Government of India, promoter of LIC, disclosed sale of equity shares through an Offer for Sale on BSE and NSE. Base offer was up to around 31.62 crore shares (2.50% of paid-up capital), with an additional oversubscription option of about 50.60 crore shares (4.00%). Up to 50 lakh shares were also offered to eligible employees. The sale was executed on August 4 and 5, 2026.

Likely market impact

Govt of India reducing stake in LIC through a large OFS; could weigh on stock price in near term.