Big Breaking News:

OFSS (Oracle Financial Services Software):

OFSS is going for *delisting through Reverse Book building* from Indian bourses

Recently a USA based hedge fund has bought OFSS shares worth 150 cr.This fund specialist in buying stakes in companies which likely to go for delisting ( same fund had bought significant stake in Patni Computer, Astrazeneca)

_Suffolk Mauritius has increased its holding in OFSS from 2.4% to 3.4%_

Citigroup Global, Mansfield and Merrill Singapore hold another 4.14%

Promoter holding 74.13%

For delisting, promoter need around 16%

*Reverse book building for delisting should happen around 4500-4800*

Announcement from Oracle for delisting can come as early as 16-18th March as *Oracle Inc USA ( parent co) meeting on 15th March for clearing delisting proposal*

BUY FOR HANDSOME GAINS