LIC granted 10 years to comply with 25% public shareholding norms
In a stock exchange filing, the insurance giant said the Department of Economic Affairs, Ministry of Finance, in a memorandum dated December 20, 2023, has decided to grant it this one-time exemption to achieve 25% MPS.
Life Insurance Corporation Department Of Economic Affairs State Owned Life Insurance Corporation Economic Affairs Life Insurance Ilic News
Source: indiatimes.com