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News Misc. Corporate Laws & Other Commercial Policies

  • Sep 01, 2014
  • FinMin hikes retail investor quota in OFS to 20%

    Retail investors can now have bigger share in the PSU stake sale with the government deciding to double the quota under the Offer For Sale (OFS) route for them to 20 per cent.
    "We have changed the retail investor quota in the Offer for Sale (OFS) route. All future disinvestments will now have 20 per cent quota for small investors," a senior finance ministry official told PTI.

    Source - http://economictimes.indiatimes.com