Issue of sweat equity shares

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Full Text of the Document

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.... resolution passed by the company; (b) the resolution specifies the number of shares, the current market price, consideration, if any, and the class or classes of directors or employees to whom such equity shares are to be issued; (c) ^1[****] (d) where the equity shares of the company are listed on a recognised stock exchange, the sweat equity shares are issued in ....