03 Sep 2018, 12:09 PM

Larsen & Toubro Infotech Limited OFS

L&T Infotech Ltd is offering to sell shares through an OFS (Offer for Sale) process.

OFS orders can be placed on Q-Backoffice > Portfolio > OFS. You can access Q directly from Kite. Orders will be accepted from 3:30 PM on 3rd September 2018 to 2:30 PM on 4th September 2018.

Stock Symbol: LTI
Floor price: Rs 1,700 Per Equity Share
Maximum quantity allowed to bid for Retail: 117 shares at the floor price.

Zerodha will not be funding your OFS Purchase. However, if your account results in a debit for any reason, post allotment of OFS, interest at the rate of 0.05% will be charged on the debit balance.

A charge of Rs.20 per order will be charged for all OFS orders regardless of allotment. Read more on how to apply for an OFS here.