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Nine cos offer to sell shares via OFS; six succeed

Last Updated: Monday, June 3, 2013, 19:37

As the deadline to meet minimum 25 percent public shareholding norm ends Monday, nine private companies, including Tata Communications, hit the market with offers to sell off shares worth over Rs 450 crore, with six of the issues sailing through.

Is SEBI likely to extend the public shareholding norm deadline?

Last Updated: Saturday, May 18, 2013, 17:33

With the deadline to comply with minimum public shareholding norm just about 45 days away, nearly 150 companies of varying sizes are yet to comply with the stipulated norm.