Counsel

Ask an expert! Legal, accounting and compliance advice from qualified professionals.

Share Details

0/200
0/1500

Your Question has been submitted.

The Counsel team is processing your question and connecting to the best suited professional from the community to have it answered. We’ll get back with an answer shortly.

Is there any specific limit on the company towards issue of sweat equity shares?

Yes, there is a cap on the issue of sweat equity shares:

  1. In a year, issue shall not exceed 15% of the existing issued equity share capital or issue value of Rs. 5 crores whichever is higher

At any time, issue shall not exceed 25% of the total paid up equity capital of the Company. However, a start-up company can issue sw...


View answer

Looking to hire a professional from our handpicked community?

Explore our services, submit your request and let us do the rest for you.

Get started