Shareholding Pattern. OMC will be allotted 26% of the issued & paid up equity share capital of the JVC in consideration of expenses incurred in respect of services rendered by OMC for operating the Mines by the JVC as a raising contractor and 74% of the equity share capital will be held by VEDANTA. Throughout the tenure of this Agreement OMC's share holding will be minimum 26% of the issued & paid up share capital free and clear of all liens, restrictions, security interests & other adverse claims. OMC will not be required to contribute any cash at any point of time, or make any financial commitment to the JVC of any nature.
Shareholding Pattern. The shareholding pattern of the Company before and after the allotment of the New Subscription Securities to IITK, shall be as described in Schedule – “II”. SUBSCRIPTION TO THE NEW SUBSCRIPTION SECURITIES Subject to the terms of this Agreement and relying on the Warranties, on the Closing Date, IITK hereby jointly and severally agree to subscribe to, and the Company hereby agrees to allot and issue to IITK the New Subscription Securities at a pre-money valuation of INR [●] /- Indian Rupees [●]. IITK shall pay to the Company the New Subscription Amount in consideration of which the Company shall issue and allot to IITK, New Subscription Securities in accordance with Clause 6, based on different tranches. CONDITIONS PRECEDENT The obligation of IITK to subscribe to the New Subscription Securities is subject to the fulfilment (unless specifically waived in writing by IITK), in form and manner satisfactory to IITK, of the following conditions (“Conditions Precedent”): Completion of financial, business and legal due diligence exercise of the Company by IITK and resolution of all issues raised by IITK pursuant thereto; The Parties shall have obtained necessary corporate approvals, management approvals, third party approvals, legal approvals, appropriate Authorisations from the Governmental Authorities, in form and manner reasonable and necessary for consummation of the transactions contemplated herein. The Company and the Promoters have complied all the regulatory requirements of the Companies Xxx 0000 or any other Applicable Laws in India for the allotment of the New Subscription Securities to IITK. These requirement may include- Passing of Board Resolutions for the allotment of the New Subscription Securities to IITK, and wherever needed to convene a General Meeting and the Company shall have convened a General Meeting to pass the following resolutions the amendment of the existing Charter Documents to conform to the transaction documents to the satisfaction of the Parties, which resolution shall state that the amended Charter Documents shall be effective from the Closing Date The Company shall have increased its authorized capital, to include the issuance and allotment of the New Subscription Securities to IITK. The Company and the Promoters shall have ensured that all documents (offer letter, Share subscription Application etc.) required from the Company and the Promoters to be filed under applicable Law in respect of allotment of New Subscription Securities ...
Shareholding Pattern. The Shareholding Pattern of the Company as on 31st March, 2024 is as follows:
Shareholding Pattern. Timeline: Date of the AGM/EGM: Total number of shareholders on record date: No. of s/h present in the meeting either in person or through proxy: Promoters and Promoter Group: Public: No. of Shareholders attended the meeting through Video Conferencing Promoters and Promoter Group: Public: (Agenda-wise) Details of the Agenda: Resolution required: (Ordinary/Special) Mode of voting: (Show of hands/Poll/Postal ballot/E-voting)
Shareholding Pattern. The Company and the Promoters shall have certified to the Investors that all loans or share application money furnished by the Promoters to the Company has been converted to Equity Shares, and that the shareholding pattern of the Company prior to theClosing Date and after the Closing Dateis and will be as set out in Annexure C;
Shareholding Pattern. Subject to the provisions of this Agreement (including Clause 8.3):
(a) until the Second Issue Date, the Shareholders shall maintain the shareholding ratio specified in Clause 3.1; and
(b) after the Second Issue Date until the expiry of the Relevant Period, the registered share capital of the Company shall be held as follows: Shareholder % Class ----------- -- ----- Xxxxxxxxx and Individual Members 49% "A" Ord. GMRP 41% "B" Pref. The Thai Shareholders (in the Agreed Proportions) 10% "A"
Shareholding Pattern. Unless otherwise agreed between the Parties, they shall maintain a ratio in the registered share capital of the Company of 49:51 between Light Power and DPBB respectively.
Shareholding Pattern. The Service Provider upon request of the Company has agreed to provide the list of shareholder and the shareholding pattern and the same is set out in Schedule B hereto.
Shareholding Pattern. 3.1. The shareholding pattern of the Company, before and after Closing, shall be as set out in Part A of Schedule 3 (Shareholding Pattern of the Company on the Execution Date) and Part B of Schedule 3 (Shareholding Pattern of the Company after Closing on the Closing Date), respectively.
Shareholding Pattern. Unless otherwise agreed between the Parties, they shall maintain a ratio of 49:51 amongst ATIM and UMTI respectively in the issued and paid up equity share capital of the Company.