LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potential (opens original article in a new tab)

LIC will retain its 10.7% stake in NSE during the IPO, citing the exchange's long-term potential and market position.

• LIC will not sell its 10.7% stake in NSE during the IPO.
• LIC believes NSE has long-term value creation potential and market dominance.
• NSE's growth and technology infrastructure support LIC's investment decision.