GIC Re shares tumble 6% as govt launches OFS to divest up to 5% stake
Published on: June 16, 2026, 10:46 a.m. | Source: The Hindu Business Line
Shares of General Insurance Corporation of India (GIC Re) fell over 6 per cent in early trade on Tuesday after the government’s offer for sale (OFS) to divest up to a 5 per cent stake in the state-owned reinsurer opened for investors.
