Notice No.   20230127-14   Notice Date   27 Jan 2023
Category   Trading   Segment   Equity
Subject   Revised Guidelines for Bidding in Offer for Sale (OFS) Segment
Attachments   Annexure A.pdf ;

 This is in continuation of the Exchange notices no. 20190118-43 dated January 18, 2019, 20160218-33 dated February 18,2016,  20150702-28 dated July 02, 2015, 20150122-30 dated January 22, 2015, 20140902-33 dated September 2, 2014 and 20130129-23 dated January 29, 2013 regarding 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 a SEBI circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023, regarding “Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”. Accordingly, the Exchange had made the necessary changes/ development in the OFS module.

Please find appended below the revised detailed operational instructions and guidelines for participation in OFS segment at BSE in Annexure A

The revised operational guidelines also contain the requirements to be complied by Seller(s) i.e. Promoters/Promoter Group entities/ Non-Promoter Shareholder intending to select the Exchange (BSE) as Designated Exchange.

Trading Members/ Custodians and Seller(s) i.e. Promoter(s)/ Promoter Group entities/ Non-Promoter Shareholder(S) are requested to contact following Exchange officials for any further clarifications:


Email Id

Regulations & Business Rules 

Functionality of OFS module 

Clearing & Settlement and Collateral Management 


Mangesh Tayde                                                                     Sandeep Pujari

AGM - Listing Sales                                                                DGM - Trading Operations

January 27, 2023