LIC sold a stake through the Offer for Sale (OFS) mechanism on August 28, 2026.
1 report, 1 independent
Updated Aug 28
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What happened
LIC sold a stake through the Offer for Sale (OFS) mechanism on August 28, 2026.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- AXIS Capital served as the settlement broker for a sale involving OFS on August 28, 2026.Sub-event
LIC executed a stake sale via the OFS mechanism.1 source
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The entities involved
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Life Insurance Corporation of India
Indian state-owned insurance group and investment company
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OFS
international fiber optic company based in Norcross, Georgia, USA
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- Life Insurance Corporation of India and HDFC Life are competing in the life insurance market.