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i am working in a ltd company & it is know making public
share issue & is compelling us the employees to take
minimum 40 shares @rs160-175 .my question is whether a
company can compell employees to take shares?
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Answer Posted / kolagatlaramireddy
NO .THE COMPANY DON'T HAVE THAT RIGHT.BUT CONTINUED AND
EXCELLENT SERVICES DONE BY ANY EMPLOYEE IT MAY ISSUE SOME
SHARES TO BE OPTIONAL.GENERALLY THE ISSUE PRICE IS LOWER THAN
MARKET PRICE.
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