SEBI Grants LIC 3-Year Extension: Significance & Implications
LIC Granted 3-Year Extension by SEBI to Achieve 10% Public Shareholding The Securities and Exchange Board of India (SEBI) has granted a significant extension to Life Insurance Corporation of India (LIC) to attain a 10% public shareholding within a three-year timeframe. This move comes as a relief to LIC, the country’s largest insurer, as it…