Indian government to reduce stake in GIC Re, New India Assurance: report

June 26 2025
by InsuranceAsia News

The government of India is planning to divest a 5% stake in New India Assurance Company and a 3.5% stake in GIC Re in FY26 to ensure compliance with the minimum public shareholding (MPS) norms, accord…

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Indian government to reduce stake in GIC Re, New India Assurance: report

Indian government to reduce stake in GIC Re, New India Assurance: report

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