According to the revised SEBI Circular, when are

Q: Answer-According to the revised SEBI Circular, when are employees now required to place their bids for OFS?

The updated procedure requires employees to place bids on T1 day at the cut-off price of T Day, based on feedback and discussions in SEBIs Secondary Market Advisory Committee.

employees now required to place their bids for OFS?

A On T+1 day at the cut-off price of T+1 day Correct Answer Incorrect Answer

B On T Day at any price Correct Answer Incorrect Answer

C On T+1 day at the cut-off price of T Day Correct Answer Incorrect Answer

D On T+2 day at the average price Correct Answer Incorrect Answer

E On T Day at the market price Correct Answer Incorrect Answer

Solution

The updated procedure requires employees to place bids on T+1 day at the cut-off price of T Day, based on feedback and discussions in SEBI's Secondary Market Advisory Committee.

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