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of <h1>Securities and Exchange Board of India Repeals 2002 Sweat Equity Regulations Under Section 30 and Section 79A.</h1> The Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002, were established under the authority of Section 30 of the Securities and Exchange Board of India Act, 1992, and Section 79A of the Companies (Amendment) Act, 1998. These regulations, which were published in the Official Gazette on September 24, 2002, governed the issuance of sweat equity by companies. However, they were repealed by a notification dated August 13, 2021.
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