LIC Stake Sale: Govt Speeds Up Disinvestment Process

The Department of Investment and Public Asset Management (DIPAM) has appointed merchant bankers and legal advisors to facilitate the strategic sale of a significant stake in Life Insurance Corporation of India (LIC). This move signals the government’s commitment to accelerating the disinvestment process.

The government aims to complete the shortlisting of bidders for IDBI Bank by March 2026. Financial bids are expected by December 2026.

A phased disinvestment of 6.5% of LIC’s equity is planned over two years. This strategic move is designed to comply with Securities and Exchange Board of India (SEBI) regulations.

The sale is projected to generate approximately Rs 35,000 crore for the government exchequer. This substantial inflow is expected to bolster government finances and fund crucial infrastructure projects.

This accelerated disinvestment strategy reflects the government’s focus on fiscal prudence and its commitment to leveraging public assets for national development. The success of this initiative will be closely watched as a benchmark for future disinvestment efforts.

Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.