https://www.taxtmi.com/circulars?id=58779 The circular amends the OFS framework by setting a market capitalization threshold computed as the six month average daily market capitalization prior to the month of the OFS, and by permitting the seller to cancel the entire offer if sufficient non retail demand at or above the floor price is not achieved on T day, thereby foregoing retail bidding on T+1. Recognised stock exchanges must implement systems, amend bye laws, notify member brokers, and disseminate the circular; all other OFS conditions in earlier circulars remain unchanged. en-us Fri, 28 Dec 2018 00:00:00 +0530 Thu, 31 Jul 2025 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58779 The circular amends the OFS framework by setting a market capitalization threshold computed as the six month average daily market capitalization prior to the month of the OFS, and by permitting the seller to cancel the entire offer if sufficient non retail demand at or above the floor price is not achieved on T day, thereby foregoing retail bidding on T+1. Recognised stock exchanges must implement systems, amend bye laws, notify member brokers, and disseminate the circular; all other OFS conditions in earlier circulars remain unchanged. Circulars SEBI Fri, 28 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58779