GIC Promoter Sells Equity Shares Worth ₹3,094 Crore

General Insurance Corporation of India (GIC) has filed a disclosure regarding the sale of equity shares by its promoter, the Ministry of Finance, Government of India. The promoter sold 1,35,78,471 equity shares, representing approximately 4.99% of the total holding, on June 16-17, 2026, through an Offer for Sale on NSE and BSE. The transaction, executed on June 18, 2026, resulted in a gross consideration of ₹3,094 crore. This disclosure is made pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015.