SWEAT EQUITY TO KMP AND DIRECTORS
Sweat Equity to KMP and Directors- Sweat Equity is equity shares offered to Directors and Key Management Personnel (KMP) of the company for providing their expertise making available rights in the nature of IPR or value additions. Sweat equity is offered at a discounted rate than the original share value or consideration, other than cash.
Issuing sweat equity requires numerous formalities to be fulfilled in accordance with the Company laws and rules. LetsComply assists companies with the issuance of their sweat equity from the pricing of sweat equity to the passing of special board resolution, to issue. Our Virtual GC services help you with the complete procedure of sweat equity to ensure that the interest of both the company and directors/KMP is protected.
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