Common use of Amendment of Articles Clause in Contracts

Amendment of Articles. In the event (a) the DRHP is not filed with SEBI for an IPO on or before March 31, 2024, or (b) the IPO is not completed by the IPO Date; or (c) the Board decides not to undertake the IPO; whichever is earlier, then the Company shall, within 7 (seven) days of occurrence of such event, (i) amend and restate the Articles to incorporate the relevant provisions of this Agreement; (ii) convene a board meeting and an extraordinary general meeting of the Shareholders for approval and adoption of the amended and restated Articles; and (iii) hand over to the Purchaser certified true copies of the resolution passed by the Board and the Shareholders under this Clause.

Amendment of Articles. In the event (a) the DRHP draft red xxxxxxx prospectus is not filed with SEBI for an IPO on or before March 31, 2024, or (b) the IPO is not completed by the IPO Date; or (c) the Board decides not to undertake the IPO; whichever is earlier, then the Company shall, within 7 (seven) days of occurrence of such event, (i) amend and restate the Articles to incorporate the relevant provisions of this Agreement; (ii) convene a board meeting and an extraordinary general meeting of the Shareholders for approval and adoption of the amended and restated Articles; and (iii) hand over to the Purchaser certified true copies of the resolution passed by the Board and the Shareholders under this Clause.