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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