Difference between sec 25 and sec28

qhat ia offer for sale and what is the difference between sec 25 amd sec 28
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Quick Summary
An offer for sale allows promoters of a listed company to sell their shares directly to the public, reducing their stake. Section 25 dictates that the offer document is treated as a prospectus, adhering to all prospectus regulations. Section 28, however, allows certain members to offer shares for sale in consultation with the Board of Directors, with the members reimbursing the company for any expenses incurred.

An offer for sale is a mechanism where promoters in a listed company sell their shares directly to the public in a transparent manner and reduce their holdings from publicly listed company.
Acc to section 25 document containing offer of securities for sale deemed to be prospectus and all the conditions which are applicable for prospectus will be same but Acc to section 28 offer for sale of shares by certain members of the company in consultation with the BOD. the members will reimburse the company all expenses incurred by it and the provision in section 25 is about the document for ofs will be supporting in this section as an additional provision .
Thanks rashi

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