This is in continuation of the Exchange notices no. 20120222-34 dated February 22, 2012, 20120228-30 dated February 28, 2012 and 20120727-26 dated July 27, 2012regarding the Guidelines for Offer for Sale through the Stock Exchange Mechanism, Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued the amendment in Comprehensive Guidelines on Offer for Sale (OFS) of shares by Promoters through the Stock Exchange mechanism vide its circular no. CIR/MRD/DP/04/2013 dated January 25, 2013. Accordingly, the Exchange has made the necessary changes/ development in the OFS module. The Exchange would make available the OFFER FOR SALE module on iBBS (Internet Based Book Building) platform with new requirements as per SEBI’s aforesaid circular with effect from January 30, 2013.
Please find appended below the revised detailed operational instructions and guidelines for participation in OFS segment at BSE in Annexure A.
The guidelines also contain the requirements to be complied by Seller(s) or Promoter(s) when they intend to select the Exchange (BSE) as Designated Exchange for any offer of sale of their shareholding. Trading Members and Custodians are also required to refer to the above SEBI circular and Comprehensive guidelines on sale of shares through OFS mechanism were issued vide circular no CIR/MRD/DP/18/2012 dated July 18, 2012 for further details.
For any further clarifications, Trading Members/ Custodians and intending Seller(s) i.e. Promoter(s) are advised to contact following Exchange officials –
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Name of Official
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Contact Number
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Department
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Email ID
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Prakash Koushik
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022-22728176
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Listing Sales
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Prasad Bhide
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022-22728388
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Listing Sales
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Surendra Rashinkar
Sanjay Narvankar
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022-22728306
022-22728113
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Clearing & Settlement
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surendra.rashinkar@bseindia.com
sanjay.narvankar@bseindia.com
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Bhushan Mokashi
Assistant General Manager |