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of <h1>Securities Board can act to protect investors after receiving investigation reports per Regulation 19 of Sweat Equity Rules.</h1> Regulation 19 of the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002, mandates that upon completing an inspection or investigation, the appointed officer must submit a report to the Board. After receiving this report, the Board has the authority to take any necessary actions it considers appropriate to protect the interests of investors and the securities market.
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