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

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Explain the following term/concept.

Sweat Equity shares

What are sweat equity shares?

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Solution

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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Chapter 3: Issue of Shares - EXERCISE [Page 65]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 2. 6. | Page 65
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
EXERCISES | Q 30. | Page 81
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 3 Sources of Financial for a Join stock Company
QUESTION BANK | Q 4. | Page 81
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