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The Times of India
The Times of India
Business
PTI

Govt, Sebi to take call on relaxation in LIC meeting minimum public holding norm: Dipam Secy

NEW DELHI: The finance ministry will discuss with market regulator Sebi to exempt LIC from the minimum public shareholding norm, Dipam secretary Tuhin Kanta Pandey said on Friday.

Under the Sebi's minimum public shareholding norms, listed entities with a valuation of over one lakh crore need to have at least 25 per cent public shareholding within 5 years of listing.

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