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<h1>Companies Can Issue Sweat Equity Shares With Special Resolution, Compliance, and One-Year Business Requirement</h1> A company can issue sweat equity shares of a class already issued if certain conditions are met. These include authorization by a special resolution in a general meeting, specification of share details and recipients, and a minimum one-year business commencement period. For listed companies, issuance must comply with Securities and Exchange Board of India regulations, while unlisted companies must follow prescribed guidelines. Sweat equity shares are issued to employees or directors at a discount or for non-cash consideration, such as know-how or intellectual property contributions. All standard equity share limitations and provisions apply to sweat equity shares.