The offer-for-sale of Arbutus Consultancy LLP, a promoter group entity, of RattanIndia Infrastructure, opens on Thursday on the BSE. The promoter plans to dilute 6.49 crore shares, representing 4.71 per cent of the total paid-up equity capital of the company, to meet SEBI’s minimum public shareholding norm. For non-retail investors, the window opens on Thursday and for retail investors on Friday. The floor price has been pegged at ₹3.40 a share.
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