Life Insurance

Government has divested a part of its stake in ITC to Life Insurance Corporation of India

through Specified Undertaking of the Unit Trust of (SUUTI) has divested 2% shares of the total shares of to LIC through block trade on 7th March, 2017. has received an amount of Rs. 6,682 crore from this transaction.

Disinvestment of of equity is under taken as per the Disinvestment policy of the GoI keeping in view the resource requirement of the and the prevailing market condition.

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