Search result for 'lic stake dilution'

Indian government hits 78% of its FY27 Rs 80,000 crore divestment and asset monetisation goal in 5 months, raising Rs 62,124 crore, largely from LIC.

LIC CEO R Doraiswamy discusses engaging RBI, Sebi for long-term investment instruments to match growing annuity liabilities. Also eyes fintech arm & VNB growth.

LIC is considering a fintech arm via strategic investment or organic growth to meet digital needs, says CEO Doraiswamy.

LIC aims to improve real estate returns, exploring a separate subsidiary for efficient asset management. Focus on policyholder benefits.

LIC CEO discusses potential impact of prolonged West Asia crisis on the insurance sector, individual incomes, and LIC stake dilution.

Govt considers further stake dilution in LIC via FPO in the next fiscal year. Aims to meet 10% public shareholding by May 2027.

Swan Energy's LNG arm, Swan LNG Pvt Ltd, has prepaid Rs 2,206 crore of debt, reducing its total debt to Rs 1,611 crore and saving an estimated Rs 250 crore in annual interest costs.