Rule 8(2) explanatory statement, content checklist
A single format from the Sweat Equity Shares pack. Rule 8(2) · Rule 8(8).
- 2 pages
- 35
- Word and PDF
- 12 September 2026
What it covers
- 1Rule 8(2) explanatory statement, content checklistRule 8(2) · Rule 8(8)
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Every head below must appear in the explanatory statement annexed to the notice of the general meeting. Tick each before the notice is issued.
# | Head required by Rule 8(2) | Where stated | Done |
|---|---|---|---|
(a) | The date of the Board meeting at which the proposal for the issue of sweat equity shares was approved | [para __] | [ ] |
(b) | The reasons or justification for the issue | [para __] | [ ] |
(c) | The class of shares under which sweat equity shares are intended to be issued | [para __] | [ ] |
(d) | The total number of shares to be issued as sweat equity | [para __] | [ ] |
(e) | The class or classes of directors or employees to whom such equity shares are to be issued | [para __] | [ ] |
(f) | The principal terms and conditions on which the sweat equity shares are to be issued, including the basis of valuation | [para __] | [ ] |
(g) | The time period of association of the person with the Company | [para __] | [ ] |