Shares of General Insurance Corporation of India will be in focus as the Government of India plans an Offer For Sale (OFS) of up to 5% stake (3.51 crore shares initially, with an option for an additional 3%) on June 16-17, 2026, to meet minimum public shareholding norms.

India

Who

General Insurance Corporation of India, Government of India, HCL Technology, Axonwise Private Limited (Sarvam AI), Mahindra & Mahindra Financial Services, Craftsman Automation, Bandhan Bank, Aditya Birla Fashion & Retail (ABFRL), Sangeeta Tanwani, Suraj Bahirwani, Cyient, Vikran Engineering, Birla Corporation, IRCTC, Rajneesh Narain, Angel One, SEBI

What

When

Tue, 16 Jun 2026 01:30:01 GMT · 1h 24m ago

Where

India ·

Why

The Government of India is selling a stake in General Insurance Corporation of India to meet minimum public shareholding norms.

The Frontline Impact

How this affects you

The Indian government's plan to sell up to 5% of General Insurance Corporation of India may influence its stock performance and investor sentiment. This move aims to comply with regulatory public shareholding requirements.

Story chain

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Verified Sources & Citations

NDTV Profit
https://www.ndtvprofit.com/markets/stocks-to-watch-today-hcltech-cyient-irctc-angel-one-craftsman-auto-11640785
HIGH

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