Prepare a specimen disclosure to be made in accordance with Regulation 6(3) of SEBI (Issue of Sweat Equity Shares) Regulations, 2002. Suitable assumptions may be taken.

Specimen disclosures and its assumptions are given below: S. No. Particulars Sample relevant disclosures 1. Total no. of shares to be issued as sweat equity 1,50,000 equity shares 2. The current market price of the shares of the company ₹45 per share 3. The value of the intellectual property rights or technical know-how or other value addition to be received from the employee or director along with the valuation report/ basis of valuation ₹65,00,000/- arrived at on the basis of Valuation report received from Mr. X, Registered Valuer. 4. The names of the employees or directors or promoters to whom the sweat equity shares shall be issued and their relation-ship with the company Mr. Z, Chief Financial Officer. He joined the company on 1st January, 2015 5. The consideration to be paid for the sweat equity The shares are allotted in lieu of the part remune-ration payable to Mr. Z 6. The price at which the sweat equity shares shall be issued ₹35/- per share 7. Ceiling on managerial remuneration, if any, which will be affected by issuance of such sweat equity None 8. Diluted Earnings Per Share pursuant to the issue of securities to be calculated in accordance with International Accounting Standards / standards specified by the Institute of Chartered Accountants of India ₹7.5 per share