News From Press LIC IPO: 10% of issue size to be reserved for policyholders; embedded value at ₹5.4 lakh cr

LIC IPO: 10% of issue size to be reserved for policyholders; embedded value at ₹5.4 lakh cr

Source: Mint Feb 14, 2022

State-run Life Insurance Corporation of India (LIC) has confirmed its plans to create policyholder and employee quotas and offer them discount to issue price in its much-awaited draft papers filed today.

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