Announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 19,63,994 Equity…
As filed · Bosch Global Software Technologies Private Limited has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 19,63,994 Equity shares
What happened
FactBosch Global Software Technologies Private Limited has informed the Exchange about an announcement with respect to offer for sale through Stock Exchange Mechanism for sale upto 19,63,994 Equity shares of face value of INR 10/- each of Bosch Home Comfort India Limited. (a) “Revised Operational Guidelines for Offer for Sale (OFS) Segment” issued by BSE Limited (“BSE”) by way. (b) “Revised operating guidelines of Offer for Sale” issued by National Stock Exchange of India…
Why it matters
CapitSignal interpretationAn offer for sale places existing shares into the market, so the register changes and the price is set by the floor rather than the screen.
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Fact- Floor price versus market price
- Seller stake before and after
- Subscription across the two sessions
Evidence
How CapitSignal classified this
- Reasoning:
- OFS base 68; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%