BSE to divest 2.5% stake in CDSL through OFS route
Bombay Stock Exchange (BSE), India's oldest stock exchange, on Tuesday said its board has approved divestment of 2.5% stake in Services (India) Ltd through Offer for Sale (OFS) route.On…
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OFS
Sebi eases OFS norms for non-promoter investors
Mumbai: The Securities and Exchange Board of India (Sebi) has relaxed the offer-for-sale (OFS) norms to allow non-promoter shareholders to sell their shares through this route. Brokers said…
Non-promoter shareholders allowed to sell stake via OFS: Sebi
The Securities and Exchange Board of India (Sebi) has modified the existing framework for conducting an offer for sale (OFS) of securities by companies by allowing non-promoter stakeholders…
Promoters to sell 3.5% stake in Sterling and Wilson Renewable via OFS
Promoters Shapoorji Pallonji and Co and Khurshed Yazdi Daruvala plan to together sell 3.57% stake in Sterling and Wilson Renewable Energy through an offer for sale on Tuesday and Wednesday.…
Institutional bids in IRCTC OFS strong; is it worth buying for retail investors?
The government’s offer for sale (OFS) of shares in Indian Railway Catering and Tourism Corp received an overwhelming response from institutional investors on Thursday, making way for the…
IRCTC stock slips 5% on bourses as government’s OFS begins
Representational image
| Photo Credit: The Hindu
Shares of IRCTC fell more than 5% in morning trade on the BSE on Thursday as the sale of the government's up to 5% stake in the company…
TVS Supply Chain files addendum to DRHP as it turns profitable in H1
Mumbai, TVS Supply Chain Solutions, seeking to raise around Rs 4,000 crore through a share sale, on Friday submitted an addendum to the DRHP that was filed with the markets regulator Sebi in…
Govt to sell entire 1.55% stake in Axis Bank via OFS on Nov 10-11
The government, through the Specified Undertaking of the Unit Trust of India or SUUTI, would sell 46.5 million shares or entire 1.55% stake in private lender Axis Bank for two days on…
Sebi withdraws minimum shareholding rule for non-promoters in OFS
The Securities and Exchange Board of India today eased rules for offer for sale of shares by non-promoters of companies by doing away with the requirement of minimum stakeholding.
Currently,…