Government Launches Offer for Sale to Divest Up to 6.5% Stake in LIC at Rs 382 Share
The Indian government has announced a two-day Offer for Sale (OFS) to divest up to a 6.5% stake in Life Insurance Corporation (LIC) at a floor price of Rs 382 per share, starting August 4 for non-retail investors and August 5 for retail investors. The base offer is 2.5%, with an additional 4% as a green shoe option. This sale aims to increase LIC's public shareholding to 10%, meeting Securities and Exchange Board of India (SEBI) norms ahead of the May 2027 deadline. The stake sale could raise around Rs 31,000 crore, with LIC shares falling about 8% following the announcement.
First-hand measurement across 10 sources
We measured how 10 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (51/100). Lens Score 41/100.
Outlets measured: economictimes, thehindu, thefinancialexpress, freepressjournal, ndtv, businessstandard, thetribune, news18, and 2 more. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–52/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
economictimes broke this story on 3 Aug, 03:31 pm. Other outlets followed.