GIC shares fall 5% as Centre launches OFS; floor price at 9% discount
Published on: June 16, 2026, 10 a.m. | Source: Business Standard
General Insurance Corporation OFS: GIC shares slide over 5% as the government launches a ₹3,000-crore OFS at ₹352 per share, with retail bidding opening Wednesday and stake dilution of up to 5%.
