ReferIndia News GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

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GIC Re stake sale oversubscribed 3.72 times, govt. to exercise green shoe option

Published on: June 16, 2026, 9:50 p.m. | Source: The Hindu

The Centre’s decision to shed stake in General Insurance Corporation of India was oversubscribed 3.72 times on day one of the two-day offer for sale (OFS) on Tuesday.

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