https://www.taxtmi.com/circulars?id=67142 Offer for Sale to employees may be conducted through the stock exchange mechanism as an additional option. Employee bids occur under a new "Employee" category on T+1 day alongside retail, with reserved shares disclosed in the OFS notice; bids are placed at the retail cut-off price subject to any discount, employees pay 100% upfront margin, bids are segregated and not displayed, allotment is based on PAN details supplied on T-1 day, and promoters must transfer total OFS shares including the employee portion to the designated clearing corporation on T-1 day. en-us Tue, 23 Jan 2024 00:00:00 +0530 Wed, 24 Jan 2024 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67142 Offer for Sale to employees may be conducted through the stock exchange mechanism as an additional option. Employee bids occur under a new "Employee" category on T+1 day alongside retail, with reserved shares disclosed in the OFS notice; bids are placed at the retail cut-off price subject to any discount, employees pay 100% upfront margin, bids are segregated and not displayed, allotment is based on PAN details supplied on T-1 day, and promoters must transfer total OFS shares including the employee portion to the designated clearing corporation on T-1 day. Circulars SEBI Tue, 23 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67142