Employee Reservation Portion definition

Employee Reservation Portion means the portion of such number Equity Shares as disclosed in the Offer Documents, which shall not exceed 5% of the post-Offer equity share capital of the Company, available for allocation to Eligible Employees, on a proportionate basis.
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Employee Reservation Portion means the portion of the Offer available for allocation to Eligible Employees, on a proportionate basis.
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Employee Reservation Portion has the meaning ascribed to such term in the Offer Documents.
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Examples of Employee Reservation Portion in a sentence

  • Subsequent undersubscription, if any, in the Employee Reservation Portion or the Shareholders Reservation Portion shall be added back to the Net Offer.


More Definitions of Employee Reservation Portion

Employee Reservation Portion means the portion of the Offer, being up to such number of Equity Shares aggregating to ₹ 40.00 million available for allocation to Eligible Employees, on a proportionate basis. Such portion shall not exceed 5% of the post-Offer Equity Share capital of the Company;
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Employee Reservation Portion means the portion of the Offer being up to 2,028,342 Equity Shares (constituting up to 0.50% of the post-Offer paid-up Equity Share capital) available for allocation to Eligible Employees, on a proportionate basis;
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Employee Reservation Portion has the meaning ascribed to it in Recital (A) of this Agreement; “Encumbrances” has the meaning ascribed to it in Clause 3.8 of this Agreement;
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Employee Reservation Portion means, in accordance with and subject to Regulation 33 of the ICDR Regulations, the portion of the Offer being the Equity Shares aggregating up to ₹ 250.00 million, available for allocation to Eligible Employees, on a proportionate basis.;
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Employee Reservation Portion shall have the meaning attributed to such term in the recitals of this Agreement;
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Employee Reservation Portion shall have the meaning given to such term in the Offer Documents; “Employee Discount” shall have the meaning given to such term in the Offer Documents;
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