Govt to Sell 6.78% Stake in GIC Re via OFS: Floor Price Set at Rs 395/Share – Should You Invest?
The government proposes to sell a 6.78% interest in General Insurance Corporation (Re) of India through an offer for sale (OFS), with a floor price of Rs 395 per share. The offer for sale (OFS) for more than 11.90 crore shares in the state-owned reinsurance company will begin on Wednesday, September 4, for institutional investors. … Read more
