Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) (Second Amendment) Regulations, 2025 - F. No. SEBI/LAD-NRO/GN/2025/284 - SEBI
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Share based benefits rules now require independent registered valuers; merchant bankers get a nine month transition to finish ongoing valuations. Amendment replaces merchant banker requirement with an independent registered valuer for valuation assignments and aligns the term 'valuer' with the Companies Act; merchant bankers with ongoing assignments may complete them within nine months of these Regulations coming into force, and specified prior sub regulations are omitted.
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.
Share based benefits rules now require independent registered valuers; merchant bankers get a nine month transition to finish ongoing valuations.
Amendment replaces merchant banker requirement with an independent registered valuer for valuation assignments and aligns the term "valuer" with the Companies Act; merchant bankers with ongoing assignments may complete them within nine months of these Regulations coming into force, and specified prior sub regulations are omitted.
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