Offer for sale
Special SituationWatchMajormateriality 78 out of 100
What happened
FactIndustries Limited (“the Company”) by its Promoter namely Baumann Dekor Private Limited. through the Stock Exchange Mechanism (the “OFS Notice”). as "Sale Shares" (“OFS”).
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.
Watch next
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; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%