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<h1>Sweat equity shares must follow pricing rules for preferential issues under SEBI regulations to ensure consistent standards.</h1> The pricing of sweat equity shares must adhere to the pricing requirements outlined for preferential issues to individuals other than qualified institutional buyers, as specified under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. This regulation is part of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, ensuring consistent pricing standards for sweat equity shares.