Life Insurance Corporation (LIC) last week recorded draft papers with capital market controller Sebi for the offer of a 5% stake by the public authority for an expected Rs 63,000 crore. LIC had recently given a public notification to every one of the policyholders of LIC of India with respect to membership of the organization's impending IPO expressing that its forthcoming IPO can be bought in by the policyholders provided that their PAN Card is refreshed in the organization's records.
LIC in the draft distraction outline has set a cutoff time for policyholders to interface their PAN CARD with LIC. Policyholders can do as such before February 28, 2022.
"A policyholder of our Corporation will guarantee that his/her PAN subtleties are refreshed in the arrangement records of our Corporation at the earliest. A policyholder who has not refreshed his/her PAN subtleties with our Corporation before the expiry of about fourteen days from the date of the recording of this Draft Red Herring Prospectus with SEBI (i.e., by
Here is the interaction for refreshing your PAN subtleties with the LIC on the web
1. Visit the Corporation site www.licindia.in OR https://licindia.in/Home/Online-PAN-Registration
2. Keep prepared your strategy number, PAN, date of birth, and email ID, which should be filled in while refreshing your PAN.
3. You might refresh the records for all of your LIC arrangements utilizing the above link.4. You can likewise check whether or not your PAN Is enrolled in your approach by visiting the Corporation's site www.licindia.in OR https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus?
Then again, you may likewise contact your LIC Agent for help.
Promoted to be the country's greatest ever open contribution, the IPO of over 31.6 crore offers or 5% government stake is probably going to hit the D-road in March, and representatives and strategy holders of the protection behemoth would get a rebate over the floor cost. The LIC IPO would be the greatest IPO throughout the entire existence of the Indian financial exchange and when recorded LIC's market valuation would be equivalent to top organizations like RIL and TCS.
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