Information Required in Explanatory Statement for approving issuance of Sweat Equity Resolution [See regulation 32(1)]

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Full Text of the Document

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....assed in the general meeting for approving the issuance of sweat equity shall, inter alia, contain the following information: (a) The total number of shares to be issued as sweat equity. (b) The current market price of the shares of the company. (c) The valuation of know-how or intellectual property rights or value addition to be received from the employee or d....