Amit Shah's net worth grew 32 per cent to Rs 37.91 crore, mainly due to 80 per cent appreciation in the market value of his securities.
Sebi's change of rules will give the government -- which owns 100 per cent of LIC -- the flexibility to assess market demand and opt for lower dilution.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
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