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.
How much did new investments grow in Q2 of FY25 compared to Q1, as per recent data?
Which ministry launched the PM E-DRIVE Scheme?
Match the following mountain ranges in India with their respective locations in the southern direction:
1. Nanda Devi
2. K2
3. Anamudi
4. Dodabetta
The Reserve Bank of India imposed a penalty of ₹1 crore on which bank for offering gifts in the form of paying first-year life insurance premiums?
The "loom" was a central technological innovation during which era?
 Birju Maharaj is related to which of the following fields?
ICICI Bank was constituted as first Universal Bank in India
The headquarters of the West Central Railway is situated in which city?
Which of the following is NOT a petrochemical centre of India?
Which of the following is not a solvency ratio?
