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of <h1>SEBI Regulations Define Key Terms for Sweat Equity Issuance, Including 'Control,' 'Associate,' and 'Sweat Equity Shares'</h1> The Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002, outlines definitions relevant to the issuance of sweat equity shares. Key terms include 'Act,' referring to the SEBI Act, 1992; 'associate,' denoting individuals with control over a company; and 'control,' encompassing rights to appoint directors or influence management. Other definitions cover 'company,' 'director,' 'employee,' 'ESOS,' 'insider,' 'merchant banker,' 'promoter,' 'registrar,' 'securities,' 'statutory auditor,' 'Recognised Stock Exchange,' 'sweat equity shares,' 'Schedule,' and 'valuer.' Undefined terms default to meanings in the SEBI Act, Securities Contracts (Regulation) Act, or Companies Act, 1956.
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