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"LIC FPO Soon, IDBI Stake Sale On Track"

"LIC FPO Soon, IDBI Stake Sale On Track"

Karishma Asoodani
Karishma Asoodani
  • New Delhi,
  • May 21, 2025,
  • Updated May 21, 2025, 3:06 PM IST

Arunish Chawla, Secretary of DIPAM, in an interview with Business Today TV reaffirms the government’s commitment to the LIC listing and updates on the IDBI stake sale. With 3.5% already divested, the aim is to improve market float. He shares that LIC FPO news is expected soon and IDBI disinvestment is progressing steadily with shareholder agreements, data access, and query resolution underway.

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