Wednesday January 22 2014
News Source: Global Exchanges
Focus: Trading Rules
Type: General
It has been reported that the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India (NSE) have issued operational guidelines enabling promoters to offer their shares through the offer for sale of shares (OFS) through the medium of a stock exchange.
Clients wishing to participate in any OFS event must monitor with their broker whether their bid was successfully allocated. In addition, they must inform their Client Representative to make them aware of the bid details.
This information will be updated as soon as further details become available.