DIPAM asks its officers not to trade in shares of state-owned cos
Millennium Post Delhi|October 21, 2024
The government has sold CPSE shares worth Rs 16,507 crore and Rs 35,294 crore in 2023-24 and 2022-23 fiscals
PTI

NEW DELHI: The Department of Investment and Public Asset Management (DIPAM) has asked its officials to refrain from trading in shares of public sector companies as they may be privy to market-sensitive information with regard to state-owned companies, an official said.

In an internal order, the DIPAM said that any officer joining the department would be required to declare his/her holding in public sector enterprises and such shares could only be liquidated by the official concerned after approval from authorities.

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