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Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - …
BSE India
This is to inform that Securities and Exchange Board of India vide its letter dated May 14, 2024 has conveyed its decision, to grant additional time of 3 years to Life Insurance Corporation of India ("the Corporation") to achieve 10% public shareholding under Rule 19(2)(b)(iv) of the Securities Contracts (Regulations) Rules, 1957, i.e., within a period of 5 years from the date of listing. Accordingly, the revised timeline for the Corporation to achieve 10% public shareholding is on or before May 16, 2027.
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