Until when has LIC been granted an extension to achieve the 25% Minimum Public Shareholding (MPS) rule, as per the one-time exemption by the Ministry of Finance?
May 2025
May 2028
May 2030
May 2032
Correct Answer :
D. May 2032
LIC (Life Insurance Corporation of India) was granted a one-time exemption by the Ministry of Finance to achieve the 25% Minimum Public Shareholding (MPS) rule within 10 years of listing, with the deadline extended to May 2032.
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