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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
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.
This story is from the October 21, 2024 edition of Millennium Post Delhi.
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