https://www.taxtmi.com/circulars?id=57887 Promoters of eligible companies may sell shares to employees within a two week period after the Offer for Sale, with the employee allotment treated as part of the OFS. Such shares may be offered at the OFS discovered price or at a discount. Promoters must disclose the number of shares offered to employees and any discount in the OFS notice to the exchange. The change is to be incorporated into prior OFS circular provisions and stock exchanges must update systems, bye laws and notify brokers. en-us Tue, 27 Jun 2017 00:00:00 +0530 Sat, 01 Dec 2018 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57887 Promoters of eligible companies may sell shares to employees within a two week period after the Offer for Sale, with the employee allotment treated as part of the OFS. Such shares may be offered at the OFS discovered price or at a discount. Promoters must disclose the number of shares offered to employees and any discount in the OFS notice to the exchange. The change is to be incorporated into prior OFS circular provisions and stock exchanges must update systems, bye laws and notify brokers. Circulars SEBI Tue, 27 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57887