Applicability of sweat equity regulations: unlisted companies exempt, but those seeking IPO must follow disclosure guidelines. Regulation 3 provides that the sweat equity regulations do not apply to an unlisted company, except that an unlisted company issuing sweat equity shares ... Summary
SEBI (Disclosure and Investor Protection Guidelines) 2000
Applicability of sweat equity regulations: unlisted companies exempt, but those seeking IPO must follow disclosure guidelines.
Regulation 3 provides that the sweat equity regulations do not apply to an unlisted company, except that an unlisted company issuing sweat equity shares in connection with an initial public offering and seeking listing must comply with the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000.
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