What do sweat equity shares mean?
According to Section 79A of Indian Companies Act,1956 shares
issued by the company to its employees and directors at discount or
for consideration other than cash for providing know how or making
available intellectual property rights or value additions are known
as sweat equity shares.
Related Q&A：
Which companies issued equity shares in recent years？Well, there have been quite a few companies that issued equity shares in recent years. For instance, tech giants like Apple and Amazon have done so to fund their expansion and new projects. Also, in the healthcare sector, companies like Pfizer and Moderna might have issued equity shares to support their research and development efforts. And don't forget about financial institutions like Goldman Sachs or JP Morgan. It really depends on the industry and the specific needs of each company at a given time.
