News - What is OFS (Offer for Sale)? in COMMUNITY CENTER - SEBI has permitted the Stock Exchanges to provide a separate
window, i.e. apart from the existing trading system for the ...
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05-29-2013 11:15 AM
What is OFS (Offer for Sale)?
SEBI has permitted the Stock Exchanges to provide a separate
window, i.e. apart from the existing trading system for the normal market segment, to facilitate promoters of listed companies to dilute/offload their holding in listed companies in a transparent manner with wider participation
Who are eligible to participate?
Sellers
(i) All promoter(s)/ promoter group entities of such companies that are eligible for trading and are required to increase public shareholding to meet the
minimum public shareholding requirements.
(ii) All promoter(s)/ promoter group entities of top 100 companies based on average market capitalization of the last completed quarter.
Buyers
All investors registered with the brokers of the aforementioned stock
exchanges other than the promoter(s)/ promoter group entities
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