Sweat equity disclosure requirements: mandatory valuation, recipient identification, pricing, remuneration impact, and accounting for EPS dilution. The document mandates that the explanatory statement and resolution for issuing sweat equity disclose the total shares to be issued, current market price, ... Summary
Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002
Sweat equity disclosure requirements: mandatory valuation, recipient identification, pricing, remuneration impact, and accounting for EPS dilution.
The document mandates that the explanatory statement and resolution for issuing sweat equity disclose the total shares to be issued, current market price, valuation and basis for intellectual property or technical know how contributed, names and relationships of recipients, consideration and issue price, and any effect on managerial remuneration ceilings; it also requires conformity with specified accounting policies and calculation of diluted earnings per share under applicable accounting standards.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.