Shares of Swaraj Automotives will remain on investors’ radars, as the offer-for-sale (OFS) by promoter b4S Solutions, is currently on. It plans to sell 1.79 lakh shares, representing 7.46 per cent of the share capital of the company, on January 30 (to non-retail investors) and January 31 (to retail investors).

The floor price for the stake sale is ₹160 a share. Recently, the promoter had launched an open offer at ₹145.50 (floor price) a share after picking up stake.

(This article was published on January 30, 2017)
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