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.
The Tropic of Cancer (23°30' N) passes through which states of India?
Which climate classification best describes the high-altitude regions of Uttarakhand?
In a particular region in India, the local people train the roots of living trees into robust bridges across the streams. As the time passes, these brid...
Which area is referred to as the Konkan coast?
Which of the following is/are the features of wet tropical evergreen vegetation?
1. Dense Forest with thick spread of grass.
2. Low vege...
In the context of Andaman and Nicobar Islands, which of the statements given below is/are correct?
1. Saddle peak is the highest mountain peak of...
The Ideal temperature for the growth of Bajra is between
Consider the following pairs:
Which of the pairs give...
Which of the following is incorrect regarding Lakshadweep islands?
Arrange the following peaks from East to West based on their geographical locations:
1. Mount Everest
2. Mount Denali
3. Mount Kilimanjaro
4. Mount Elbrus
