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LIC OFS and Paytm stake sales dominate Indian stock market focus
The Indian government announced an offer‑for‑sale of an additional 4 % stake in Life Insurance Corporation of India (LIC), amounting to 50.59 crore equity shares, following an earlier 2.5 % sale. Institutional investors are also buying large blocks in Paytm’s parent, One 97 Communications, with 1.49 crore shares sold for roughly ₹2,038 crore. Meesho saw a 2.27 % stake divestment worth about ₹1,949 crore, while HFCL approved a ₹400 crore investment to expand its optical fibre and cable capacity by July 2028. Real‑estate developer DLF reaffirmed its FY 2027 pre‑sale target of ₹20 trillion despite a quarterly booking dip, and Vedanta’s Jharsuguda unit faces a groundwater‑extraction probe. These corporate actions, along with several ex‑dividend announcements, are keeping the listed shares of LIC, Paytm, HFCL, DLF and related firms in sharp investor focus.
Entities
DLF Ltd · HFCL Ltd · Life Insurance Corporation of India · One 97 Communications Ltd (Paytm) · Vedanta Ltd