Question
As per the recently (Sep 2022) changed rules by SEBI any
shareholder can use the OFS route as long as they are selling shares worth over __________.Solution
Currently, the use of the OFS route is limited as present rules allow only promoters and those holding more than 10 per cent stake to avail of this mechanism. However, last week Sebi announced major modifications to the framework. Now, any shareholder can use the OFS route as long as they are selling shares worth over Rs 25 crore. Furthermore, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present. This will help companies sell shares in one or more tranches to ease out liquidity pressure.
According to Hurun Richest Self-Made Women in the World 2022, which Indian women was ranked at the 10th position?
Which class of attack submarines is being built under the Indian Navy's Project 75, with the goal of constructing six submarines?
What is the full form of UPSC?
Which of the following options gives the value of 1999² – 999²?
Boxing Federation of India (BFI) hosted the 2021 men’s national championships in the state of __________.
Mrignayani ka Mahal' is situated in:
Which of the following is a computer virus?
According to the Human Development Report 2021-22, what is the rank of India among 191 countries?
Which technology was developed by the Defence Research and Development Organisation to protect naval ships against missile attacks in April 2021?
Which type of banks are regulated by the SPARC of the RBI?
