https://www.taxtmi.com/news?id=3917 Approval authorises disinvestment of a portion of Government equity in NMDC via an Offer for Sale under SEBI rules, with EGOM to determine floor price, tranches, allotment basis and tranche quantities. EGOM may alter the method for market or regulatory reasons, accept or cancel offers below the floor price, and decide treatment of oversubscriptions within the overall disinvestment limit. Additional shares may be allotted to eligible employees at a discounted price subject to a cap, with allotment procedures to be worked out with merchant bankers. en-us Fri, 26 Oct 2012 10:38:31 +0530 Fri, 26 Oct 2012 10:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3917 Approval authorises disinvestment of a portion of Government equity in NMDC via an Offer for Sale under SEBI rules, with EGOM to determine floor price, tranches, allotment basis and tranche quantities. EGOM may alter the method for market or regulatory reasons, accept or cancel offers below the floor price, and decide treatment of oversubscriptions within the overall disinvestment limit. Additional shares may be allotted to eligible employees at a discounted price subject to a cap, with allotment procedures to be worked out with merchant bankers. News - Fri, 26 Oct 2012 10:38:31 +0530 https://www.taxtmi.com/news?id=3917