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<h1>SEBI Rules: Sweat Equity Share Pricing Must Use Highest Average of 6-Month or 2-Week Closing Prices</h1> The Securities and Exchange Board of India (SEBI) regulations stipulate that the pricing of sweat equity shares for a listed company must be no less than the higher of two calculations: the average of the weekly high and low closing prices of the equity shares over the six months or the two weeks preceding the relevant date. The relevant date is defined as thirty days before the shareholders' general meeting. If shares are listed on multiple exchanges but quoted on only one, that price is used. If quoted on multiple exchanges, the price from the exchange with the highest trading volume is considered. If not quoted on the given date, the next trading day's price is used.