The answer you have mentioned is as per old regulations i.e SEBI (Issue of Sweat Equity) Regulations, 2002 which is now repealed with SEBI (Share Based Employee Benefits and Sweat Equity) Reg., 2021. As per provisions of SEBI (Share Based Employee Benefits and Sweat Equity) Reg., 2021The price of sweat equity shares shall be determined in accordance with the pricing requirements stipulated for a preferential issue to a person other than a qualified institutional buyer under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations,2018. You have to write the answer as per new regulations.
by Shubhamm Sir
at 11-Nov-2022 04:29 AM