Sweat equity disclosures must detail issuance quantity, valuation basis, recipients, issue price and EPS impact before approval. Approval of the issuance of sweat equity requires an explanatory statement specifying the total number of shares to be issued, current market price, ... Summary
Referred In :
Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
Sweat equity disclosures must detail issuance quantity, valuation basis, recipients, issue price and EPS impact before approval.
Approval of the issuance of sweat equity requires an explanatory statement specifying the total number of shares to be issued, current market price, valuation of know how or intellectual property with accompanying valuation report or basis, names and relationships of recipients, consideration and issue price, any ceiling on managerial remuneration affected, conformity with Board specified accounting policies, and diluted earnings per share calculated under applicable Accounting Standards.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.