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Yes, there is a cap on the issue of sweat equity shares:
- 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...
Wazzeer Professional Network
ProfessionalIs there any specific limit on the company towards issue of sweat equity shares?
-
Wazzeer Professional Network
ProfessionalYes, there is a cap on the issue of sweat equity shares:
- 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 sweat equity shares not exceeding 50% of its paid up capital up to five years from the date of its incorporation
about 3 years ago
View answer
Is there any specific limit on the company towards issue of sweat equity shares?
-
Wazzeer Professional Network
ProfessionalYes, there is a cap on the issue of sweat equity shares:
- 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 sweat equity shares not exceeding 50% of its paid up capital up to five years from the date of its incorporation
about 3 years ago
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