Centre's next round of stake sale in LIC now likely in FY2026

livemint.com:

LIC stock available at a discount. So why are'nt investors piling in?"LIC is too big an issue for the government to keep selling.

The government wants to realize the true value of the stock, which has now stabilized. The original investors have got their money now," said the second person mentioned above."It is a large organization, and the stake sale will be large in relation to the market.

So, the next round is likely to happen only in FY26," the person, speaking under the condition of anonymity added.The stake sale is expected to be rolled out in small tranches, depending on the insurer’s stock performance. The next instalment could be a mere 1.5% stake sale that will increase the public float to 5% and allow the company’s inclusion in index funds, the first person mentioned above said.The exact quantum, however, will be decided after accessing the market conditions at the time.Also This: LIC can achieve minimum public shareholding of 25% by May 2032 as govt grants one-time exemptionTo be sure, even a 1.5% stake sale in LIC would be worth around ₹9,500 crore (at current stock prices).