Tag
Divestment
4 articles
Viviana Power Tech Completes Subsidiary Disinvestment
Viviana Power Tech completed disinvestment in subsidiaries Viviana Life Spaces and Aarsh Transformers.
The company sold its 90% stake in Viviana Life Spaces and 75% stake in Aarsh Transformers to unid
Tata Steel Divests Jamshedpur Football Subsidiary for ₹100
Tata Steel's Committee approved the sale of its 100% stake in Jamshedpur Football and Sporting Private Limited to Churchill Brothers for a nominal ₹100 consideration.
The subsidiary contributed ₹32.23
LIC Promoter Sells 2.5% Stake via OFS for ₹31,552 Cr
President of India, as LIC's promoter, sold 316.25 crore shares (2.5% stake) via OFS on Aug 4-5, 2026, generating approx. ₹31,552.34 crore gross consideration.
The OFS included an oversubscription opt
LIC OFS: Government Exercises 6.5% Stake Sale Option
Government of India exercises oversubscription option to sell 6.5% stake in LIC via OFS.
Offer comprises 82.22 crore shares with 10% reserved for retail investors on August 5.
Retail investors and emp