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The Times of India
The Times of India
Business
PTI

Sebi tweaks offer for sale rules

SEBI OFS New Delhi

NEW DELHI: Capital markets regulator Sebi on Tuesday tweaked the Offer For Sale (OFS) framework to provide more flexibility to promoters and large shareholders planning to sell their shares through the mechanism.

Under the revised framework, the cooling-off period required between two OFS has been reduced to 2 weeks from 12 weeks.

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