The company’s promoters Boman Rustom Irani, Percy Sorabji Chowdhry and Chandresh Dinesh Mehta are the ones offloading stake in the OFS.The retail quota in the IPO has been fixed at 35% of the issue size, 50% for qualified institutional buyers or QIBs and the remaining 15% for non-institutional bidders.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make