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Explain the following term/concept. Sweat Equity shares - Secretarial Practice

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प्रश्न

Explain the following term/concept.

Sweat Equity shares

What are sweat equity shares?

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लघु उत्तर
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उत्तर

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. The issue of sweat equity shares allows the company to retain the employees by rewarding them for their services.

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पाठ 3: Issue of Shares - EXERCISE [पृष्ठ ६५]

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