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of <h1>Issuing Sweat Equity Shares: Conditions Include Special Resolution, One-Year Business Operation, Compliance with Stock Exchange Rules.</h1> A company may issue sweat equity shares of an existing class if certain conditions are met: authorization by a special resolution specifying share details and eligible recipients, at least one year since business commencement, and compliance with relevant stock exchange regulations or prescribed rules. These shares share the same rights and restrictions as other equity shares, and holders rank equally with other equity shareholders.
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