What do you mean by Sweat Equity Share?
A. It is the share which can be issued to the employers and directors of the company at a discount.
B. It represents a fixed ratio of Indian shares.
C. It is a dollar denominated instrument traded on the stock exchanges in Europe or USA or both.
D. None of the above/ More than the above
Answer:A
What do you mean by Sweat Equity Share?
A. It is the share which can be issued to the employers and directors of the company at a discount. B. It represents a fixed ratio of Indian shares. C. It is a dollar denominated instrument traded on the stock exchanges in Europe or USA or both. D. None of the above/ More than the above
Explanation: Sweat equity shares” are such equity shares, which are issued by a Company to its directors or employees at a discount or for consideration, other than cash, for providing their know-how or making available rights in the nature of intellectual property rights or value additions.