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        SEBI

        Regulation 41 - Obligations of the company.

        Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
        Part B
        GENERAL OBLIGATIONS

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        Disclosure obligations require companies to include mandated explanatory disclosures and exchange reporting after sweat equity issuance. Regulation 41 requires the company to include prescribed explanatory disclosures in the general meeting notice, place the secretarial auditor's certificate at the general meeting, and promptly send the recognised stock exchange a statement after any sweat equity issue disclosing number of shares issued, issue price, total consideration received, recipients' details, and consequent changes to capital structure and shareholding pattern.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Disclosure obligations require companies to include mandated explanatory disclosures and exchange reporting after sweat equity issuance.

                            Regulation 41 requires the company to include prescribed explanatory disclosures in the general meeting notice, place the secretarial auditor's certificate at the general meeting, and promptly send the recognised stock exchange a statement after any sweat equity issue disclosing number of shares issued, issue price, total consideration received, recipients' details, and consequent changes to capital structure and shareholding pattern.


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