Life Insurance Corporation of India (LIC) says it does not expect any immediate additional government stake sale beyond what has already been undertaken. LIC CEO R. Doraiswamy indicates the government has sufficient time to meet the mandated public shareholding requirement.
Both outlets report that LIC views the disinvestment process as driven by government decisions and timelines. The CEO says any further reduction of government holdings will occur only after the government decides to proceed, rather than through an automatic or near-term follow-on sale. NDTV frames this as a near-term pause, with the CEO ruling out further stake sale in the immediate future. Business Line similarly emphasizes that any additional stake sale will come after the government acts.
In this context, LIC also reiterates that the government remains committed to meeting public shareholding targets required under regulations. Overall, the reporting aligns on LIC’s position: there is no expectation of further immediate stake sales, while the government continues to work toward compliance through its planned disinvestment schedule.
