Public shareholding compliance: disinvestment of a minority stake in a central fertilizer company to meet regulatory public float requirements.
Approval was granted for the disinvestment of 7.64 percent of the paid up equity capital of National Fertilizers Limited, representing approximately 3.74 crore shares, to be sold out of the Government of India's shareholding to achieve required public shareholding levels under securities regulation, thereby bringing NFL into compliance with public shareholding mandates; the company's paid up equity base is approximately 49.05 crore shares.

Offer For Sale of NLC equity approved, reducing government shareholding via SEBI-regulated domestic-market mechanism under applicable securities rules.
Approval was granted for the Offer For Sale of five percent of the paid-up equity of Neyveli Lignite Corporation Limited to be executed in the domestic market in accordance with SEBI rules and regulations, thereby reducing the Government of India's shareholding. The company's authorised capital and issued and subscribed equity capital as at the stated reporting date are provided to frame the shares available for the disinvestment.

Disinvestment of equity approved via domestic Offer For Sale under SEBI rules reducing government stake in NLC.
Approval was granted for the disinvestment of five percent of paid-up equity of Neyveli Lignite Corporation Ltd., to be effected through a domestic Offer For Sale under SEBI rules, thereby reducing the Government of India's shareholding. The release identifies the OFS as the operative transfer mechanism and records the company's authorised and issued equity capital and its status as a Navratna Central Public Sector Enterprise under the administrative control of the Ministry concerned.

Employee share offer post-OFS permits discounted allotment to employees with a cooling-off and SEBI approval framework.
The Government's SEBI-approved scheme permits transfer of CPSE shares to employees after OFS at a 5% discount to the lowest OFS price, ordinarily following a 12-week cooling-off period unless earlier transfer is authorised by SEBI. CPSEs will be informed of price, share quantity, application limits and procedures; no employee may receive shares exceeding Rs. 2 lakh, and allotted shares carry no lock-in period. Eligibility is fixed by the Government decision date to undertake the OFS, and the Department of Disinvestment will monitor implementation.