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Govt to sell up to 5% stake in GIC — India Verified

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Govt to sell up to 5% stake in GIC

Business15 June 2026 at 10:52 pmQuick read

Govt to sell up to 5% stake in GIC

Credibility score90 / 100

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2sources verified

The government will sell up to 5% of its stake in GIC. The OFS opens on June 16. The floor price is Rs 352 per share.

AI Credibility Analysis

The score is 90 because the information is verified by two authoritative sources, The Times of India and The Economic Times, with specific details on the stake sale, including the floor price and the dates for institutional and retail investors.

Original Sources

Times of India
The Economic Times

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Govt to sell up to 5% stake in GIC

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