https://www.taxtmi.com/news?id=11282 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. en-us Thu, 20 Jun 2013 18:05:55 +0530 Thu, 20 Jun 2013 18:05:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11282 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. News - Thu, 20 Jun 2013 18:05:55 +0530 https://www.taxtmi.com/news?id=11282