- Companies can offer upto 10% discount on Issue Price to Retail Investors.
- Limit of application money for a public issue for retail investors is raised from Rs 50,000 to Rs 1,00,000
- PAN is now mendatory for all investor. Previously it was mendatory for application money more than 50,000
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
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