The stock of Disa India will remain in focus this week as the company’s promoters plan to dilute their stake on Monday through offer for sale on the BSE. Currently, promoters hold 86.49 per cent. Disa Holding A/S, promoter of the company, will sell up to 1.73 lakh shares (11.487 per cent). The sale will take place at a separate window of the BSE – between 9.15 a.m. and 3.30 p.m. The floor price will be disclosed before trading hours. The stock closed at Rs 2,712 on Friday. According to a SEBI diktat, all listed companies are expected to comply with the minimum public shareholding norms of 25 per cent by July 2013.
Offer-for-sale to keep Disa India in focus
November 18, 2012: