Announced Fri, 7 Aug · 18:08 IST
Govt of India, LIC promoter, sells shares via Offer for Sale
LICI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹392.65
prior close
₹394.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.4-0.4+3.2+6.0+4.5+5.3+4.4+5.2————
Up moveDown movePending
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.