The plan was to bring together the diverse experience of NHPC, THDC and Neepco to boost hydropower and provide uninterrupted electricity when solar power is unavailable
By Shrimi Choudhary Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027. Formal communication in this regard had been shared recently with the finance ministry, underlining LIC’s roadmap, plans of further dilution of stake, current
Life Insurance Corporation (LIC) may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond the current exempted timeline of 2027.
Formal communication in this regard had been shared recently with the finance ministry, underlining LIC s roadmap, plans of further dilution of stake, current norms around public float, and challenges ahead, a government source familiar with the matter said. Going forward, we will have to take a call, along with Sebi (Securities and Exchange Board of India) and the Department of Economic Affairs on the roadmap for minimum public shareholding (MPS).