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Answer in one sentence. To whom is Sweat Equity Shares offered by a company? - Secretarial Practice

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Question

Answer in one sentence.

To whom is Sweat Equity Shares offered by a company?

One Line Answer
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Solution

Sweat equity shares are offered to its directors or employees at a discount by a company.

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Chapter 3: Issue of Shares - EXERCISE [Page 64]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. H) 10. | Page 64
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