Common use of ALLOTMENT OF THE EQUITY SHARES Clause in Contracts

ALLOTMENT OF THE EQUITY SHARES. Subject to the satisfaction of the terms and conditions of this Agreement, and receipt by the Company, the Promoter Selling Shareholder, the Underwriters and the Registrar, of the written communication from the Escrow Collection Bank that the total amount payable for the Equity Shares has been credited (without any liens, charges or encumbrances of any kind, except for fees, commissions and expenses of Underwriters) in the Public Offer Account, on or prior to the Closing Date, the Company, and Promoter Selling Shareholder shall, in consultation with the BRLMs, on the Closing Date, Allot Equity Shares in the Offer, and these Equity Shares will be credited in dematerialized form to the beneficial depository accounts of the Bidders identified by the Registrar on the same Working Day or within one Working Day immediately following the Closing Date in accordance with the UPI Circulars. The Company, and Promoter Selling Shareholder, in consultation with the BRLMs, shall take all actions required and promptly issue all appropriate instructions required under any agreement, including this Agreement and the other Offer Related Agreements and the Offer Documents, in order to ensure Allotment of the Equity Shares and crediting of the Equity Shares in dematerialized form to the depository participant accounts of Bidders in accordance with the Offer Documents and as identified by the Registrar within one Working Day immediately following the Closing Date, in accordance with the Red Xxxxxxx Prospectus and the Prospectus and the Offer Documents.

ALLOTMENT OF THE EQUITY SHARES. 10.1 Subject to the satisfaction of the terms and conditions of this Agreement, and receipt by the Company, the Promoter Selling Shareholder, the Underwriters BRLMs and the Registrar, Registrar of the written communication from the Escrow Collection Bank that the total amount payable for the Equity Shares has been duly and validly credited (free and clear of all pre-emptive rights, without any liens, charges mortgages, charges, pledges, trusts or encumbrances any other encumbrance or transfer restrictions, both present and future, or any other right or interest of any third party or Encumbrances of any kind, subject to the provisions of the Companies Act, and the SEBI ICDR Regulations except for fees, commissions as may be provided in the Cash Escrow and expenses of UnderwritersSponsor Bank Agreement) in the Public Offer Issue Account, on or prior to the Closing Date, the Company, and Promoter Selling Shareholder Company shall, in consultation with the BRLMs, on the Closing Date, Allot Equity Shares in the Offer, Issue and these Equity Shares will shall be credited in dematerialized form to the beneficial depository accounts of the Bidders identified by the Registrar on the same Working Day or within one Working Day immediately following the Closing Date in accordance with the UPI CircularsDate. The Company, and Promoter Selling Shareholder, in consultation with the BRLMs, shall severally and not jointly, take all actions required and promptly issue all appropriate instructions required under any agreementof the agreements, entered into relation to the Issue, including this Agreement and the other Offer Related Agreements and the Offer Documents, Issue Documents in order to ensure Allotment of the Equity Shares and crediting of the Equity Shares in dematerialized form to the depository participant accounts of Bidders in accordance with the Offer Documents and as identified by the Registrar within one Working Day immediately following the Closing Datedate, in accordance with the Disclosure Package, the Red Xxxxxxx Prospectus and the Prospectus in the case of resident Bidders and the Offer DocumentsPreliminary Offering Memorandum and the Offering Memorandum in the case of non-resident Bidders.

ALLOTMENT OF THE EQUITY SHARES. Subject to the satisfaction of the terms and conditions of this Agreement, and receipt by the Company, the Promoter Selling Shareholder, the Underwriters Book Running Lead Managers and the Registrar, of the written communication from the Escrow Collection Bank that the total amount payable for the Equity Shares has been duly and validly credited (without any liens, charges or encumbrances Encumbrances of any kind, except for fees, commissions as may be provided in the Cash Escrow and expenses of UnderwritersSponsor Bank Agreement) in the Public Offer Account, on or prior to the Closing Date, the Company, and Promoter Selling Shareholder shall, in consultation with the BRLMs, Company shall on the Closing Date, Allot Equity facilitate the transfer the Offered Shares in the Offer, and these Equity Shares will shall be Allotted and credited in dematerialized form to the beneficial depository accounts of the Bidders identified by the Registrar on the same Working Day or within one Working Day immediately following the Closing Date in accordance with the UPI CircularsDate. The Company, and Promoter Selling Shareholder, Company (in consultation with the BRLMsBook Running Lead Managers), shall take all actions required in accordance with this Agreement, the Fee Letter, and the other Transaction Agreements, and promptly issue all appropriate instructions required under any agreement, including this Agreement and the other Offer Related Agreements and the Offer Documents, such agreements in order to ensure Allotment of the Equity Shares and crediting of the Equity Shares in dematerialized form to the depository participant accounts of Bidders in accordance with the Offer Documents and as identified by the Registrar within one Working Day immediately following the Closing Datedate, in accordance with the Red Xxxxxxx Prospectus and the Prospectus in the case of resident Bidders and the Offer DocumentsPreliminary Offering Memorandum and the Final Offering Memorandum in the case of non-resident Bidders.

ALLOTMENT OF THE EQUITY SHARES. Subject to the satisfaction of the terms and conditions of this Agreement, and receipt by the Company, the Promoter Selling Shareholder, the Underwriters Managers and the Registrar, Registrar of the written communication from the Escrow Collection Bank that the total amount payable for the Equity Shares has been duly and validly credited (free and clear of all pre-emptive rights, without any liens, charges mortgages, charges, pledges, trusts or encumbrances any other encumbrance or transfer restrictions, both present and future, or any other right or interest of any third party or Encumbrances of any kind, subject to the provisions of the Companies Act, and the SEBI ICDR Regulations except for fees, commissions as may be provided in the Escrow and expenses of UnderwritersSponsor Bank Agreement) in the Public Offer Issue Account, on or prior to the Closing Date, the Company, and Promoter Selling Shareholder Company shall, in consultation with the BRLMsManagers, on the Closing Date, Allot Equity Shares in the OfferIssue, and these Equity Shares will shall be credited in dematerialized form to the beneficial depository accounts of the successful Bidders identified by the Registrar on the same Working Day or within one Working Day immediately following the Closing Date in accordance with the UPI CircularsDate. The Company, and Promoter Selling Shareholder, in consultation with the BRLMsManagers, shall severally and not jointly, take all actions required and promptly issue all appropriate instructions required under any agreementof the agreements, entered into relation to the Issue, including this Agreement and the other Offer Related Agreements and the Offer Documents, Issue Documents in order to ensure Allotment of the Equity Shares and crediting of the Equity Shares in dematerialized form to the depository participant accounts of successful Bidders in accordance with the Offer Documents and as identified by the Registrar within one Working Day immediately following the Closing Datedate, in accordance with the Disclosure Package, the Red Xxxxxxx Herring Prospectus and the Prospectus in the case of resident Bidders and the Offer DocumentsPreliminary Offering Memorandum and the Offering Memorandum in the case of non- resident Bidders.

ALLOTMENT OF THE EQUITY SHARES. Subject to the satisfaction of the terms and conditions of this Agreement, and receipt by the Company, the Promoter Selling ShareholderShareholders, the Underwriters Book Running Lead Managers and the Registrar, of the written communication from the Escrow Collection Bank that the total amount payable for the Equity Shares has been duly and validly credited (without any liens, charges or encumbrances Encumbrances of any kind, except for fees, commissions as may be provided in the Cash Escrow and expenses of UnderwritersSponsor Bank Agreement) in the Public Offer Account, on or prior to the Closing Date, the Company, and Promoter Selling Shareholder Company shall, in consultation with the BRLMs, on the Closing Date, Allot Equity Shares in on behalf of itself and the Offer, and these Equity Shares will be credited in dematerialized form to the beneficial depository accounts of the Bidders identified by the Registrar on the same Working Day or within one Working Day immediately following the Closing Date in accordance with the UPI Circulars. The Company, and Promoter Selling ShareholderShareholders, in consultation with the BRLMsBook Running Lead Managers, shall facilitate the Allotment the Equity Shares pursuant to the Offer. The Company (in consultation with the Book Running Lead Managers), and the Selling Shareholders shall, severally and not jointly, take all actions required required, and promptly issue all appropriate instructions required under any agreement, including this Agreement and the other Offer Related Agreements and the Offer Documents, such agreements in order to ensure Allotment of the Equity Shares and crediting of the Equity Shares in dematerialized form to the depository participant accounts of Bidders in accordance with the Offer Documents and as identified by the Registrar within one Working Day immediately following the Closing Datedate, in accordance with the Red Xxxxxxx Prospectus and the Prospectus in the case of resident Bidders and the Offer DocumentsPreliminary Offering Memorandum and the Offering Memorandum in the case of non-resident Bidders. Subject to the satisfaction of the terms and conditions of this Agreement, the Company agrees to Allot the Equity Shares forming part of the Fresh Issue, and each of the Selling Shareholders agree to transfer their respective portion of the Offered Shares, to successful Bidders free from all claims, equities, liens, charges, pledges, mortgages, trusts and any other form of Encumbrances or any other right or interest of any third party, subject to the provisions of the Companies Act, and the SEBI ICDR Regulations.