{"id":3678,"date":"2025-12-15T02:21:57","date_gmt":"2025-12-15T02:21:57","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=3678"},"modified":"2025-12-15T02:21:58","modified_gmt":"2025-12-15T02:21:58","slug":"sebi-notification-dated-03-12-2025-amendments-to-sebi-share-based-employee-benefits-and-sweat-equity-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/12\/15\/sebi-notification-dated-03-12-2025-amendments-to-sebi-share-based-employee-benefits-and-sweat-equity-regulations\/","title":{"rendered":"SEBI Notification Dated 03\/12\/2025 &#8211; Amendments to SEBI Share Based Employee Benefits and Sweat Equity Regulations\u00a0"},"content":{"rendered":"\n<p>The amendments relates to ESOPs, share-based benefits, and sweat equity issuances mainly focused on valuation standards. The definition of \u201cvaluer\u201d in Regulation 2 has been updated to align fully with Section 247 of the Companies Act, thereby shifting valuation responsibilities from merchant bankers to independent registered valuers. Regulation 34 has been amended to mandate that all new valuations be conducted only by registered valuers.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/dec-2025\/securities-and-exchange-board-of-india-share-based-employee-benefits-and-sweat-equity-second-amendment-regulations-2025_98214.html\"><em>(Link: SEBI Notification Dated 03\/12\/2025)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendments relates to ESOPs, share-based benefits, and sweat equity issuances mainly focused on valuation standards. The definition of \u201cvaluer\u201d [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[52,56],"tags":[],"class_list":["post-3678","post","type-post","status-publish","format-standard","hentry","category-sebi","category-notifications-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Notification Dated 03\/12\/2025 - Amendments to SEBI Share Based Employee Benefits and Sweat Equity Regulations\u00a0 - Bhatia Bhola &amp; Associates LLP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/12\/15\/sebi-notification-dated-03-12-2025-amendments-to-sebi-share-based-employee-benefits-and-sweat-equity-regulations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI Notification Dated 03\/12\/2025 - Amendments to SEBI Share Based Employee Benefits and Sweat Equity Regulations\u00a0 - Bhatia Bhola &amp; Associates LLP\" \/>\n<meta property=\"og:description\" content=\"The amendments relates to ESOPs, share-based benefits, and sweat equity issuances mainly focused on valuation standards. 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