Centre Plans Phased LIC Stake Sale to Meet 10% Shareholding Norm by 2027: Report

📉 Gradual Stake Sale – The government plans to divest LIC shares in small tranches rather than a single large offering.
🎯 Target: 10% Public Shareholding by 2027 – Aims to sell 2-3% stake in FY 2025-26 to meet SEBI norms by May 2027.
📊 Market-Dependent Strategy – Sale depends on favourable market conditions; the approach may change if needed.
🏛️ Govt’s Current Holding – 96.5% stake post LIC’s ₹21,000 crore IPO in May 2022.
💸 Potential Fundraising – A 2-3% stake sale could generate ₹9,500 crore to ₹14,500 crore, based on LIC’s ₹4.8 trillion market cap.
📰 Market Impact Consideration – The staggered approach aims to maximize value while minimizing market disruption