Promoter Divestment: Govt Sells 5% Stake for ₹3,094 Crore
General Insurance Corporation of India · GICRE · BSE ·
The Government of India (Promoter) has sold 8.77 crore equity shares, reducing its stake by 5.00% in the company. The sale was conducted via an Offer for Sale (OFS) between June 16th and 17th, 2026, for a total value of approx. ₹3,094 crore. As a result, the promoter's shareholdi…