IT System Auditor
33683 Points
Posted on 16 November 2013
Sweat Equity Shares are shares given to the employees of the Company for the efforts and work they put in.
Sweat equity shares are equity shares issued by a company to its employees or directors at a discount, or as a consideration for providing know-how or a similar value to the company.
In India, the concept of SWEAT EQUITY SHARES was started by Infosys.
Sweat Equity Shares are given to the employees at a discounted rate of market value.