POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONSSecurities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Sweat equity issuance limits restrict annual and overall allotments, with relaxed longer-term caps for Innovators Growth Platform companies. A company shall not issue sweat equity shares for more than fifteen percent of the existing paid up equity share capital in a year, provided that issuance ... Summary
Sweat equity issuance limits restrict annual and overall allotments, with relaxed longer-term caps for Innovators Growth Platform companies.
A company shall not issue sweat equity shares for more than fifteen percent of the existing paid up equity share capital in a year, provided that issuance shall not exceed twenty five percent of the paid up equity share capital at any time. A company listed on the Innovators Growth Platform may issue not more than fifteen percent in a financial year subject to an overall limit not exceeding fifty percent of the paid up equity share capital for a limited period after incorporation or registration.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.