some golmaal reported on tv some 130 crore rs share shorted in cash market 1 week back via slb route
But golmaal in this context looks small as the OFS is around 1400Cr, ie. 28% stake and all this valued at floor price of 3500.
130Cr would be 9% at OFS rate but entry would have been at higher rates so looks like more like 80Cr to 1400Cr. Pretty big no doubt.
Ofc many including exch officials would have know about it more than a couple of weeks ago so that kind of insider leaks cannot be tied directly with mgmt or Co. Also, sebi vigilance does flag and investigate such transactions especially before Corporate action.
getting at ofs rate isn't a bad deal
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