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    can a company issue sweat equity shares more than 15% of paod up equity share capital.

    Posted By : Sarah Bhandari / Published on : 24-Oct-2018 04:54 AM / View : 516 / Comment : 1

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    Dear All,

    I want to know can a company issue sweat equity shares for more than 15% of the existing paid up equity share capital ?
    Read more on : equity paod share capital than shares issue sweat company more

    • Dear Sarah, 

      The company shall not issue sweat equity shares for more than fifteen percent of the existing paid-up equity share capital in a year or shares of the issue value of rupees five crores, whichever is higher

      Provided that the issuance of sweat equity shares in the Company shall not exceed twenty five percent, of the paid up equity capital of the Company at any time.

      24-10-2018 / 05:21:24 AM
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