https://www.taxtmi.com/circulars?id=58337 OFS rules amended to require promoter eligibility for top market cap companies, define Indicative Price as the volume weighted average of valid bids, mandate trading hours order placement and a separate OFS window with two order categories (100% upfront margin orders permitting modification/cancellation; institutional non margin orders restricting reductions), require Clearing Corporation collection of margins with real time handling on order changes, display cumulative bid quantities and indicative price during sessions, prescribe trade for trade next day settlement for margin backed and non institutional orders, and impose a penalty on pay in defaults credited to the Investor Protection Fund. en-us Fri, 25 Jan 2013 00:00:00 +0530 Sat, 15 Dec 2018 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58337 OFS rules amended to require promoter eligibility for top market cap companies, define Indicative Price as the volume weighted average of valid bids, mandate trading hours order placement and a separate OFS window with two order categories (100% upfront margin orders permitting modification/cancellation; institutional non margin orders restricting reductions), require Clearing Corporation collection of margins with real time handling on order changes, display cumulative bid quantities and indicative price during sessions, prescribe trade for trade next day settlement for margin backed and non institutional orders, and impose a penalty on pay in defaults credited to the Investor Protection Fund. Circulars SEBI Fri, 25 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58337