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.
Employee Reservation Portion has the meaning ascribed to such term in the Offer Documents.
Employee Reservation Portion means the portion of the Offer which will be made available for allocation to Eligible Employees, on a proportionate basis;
Examples of Employee Reservation Portion in a sentence
The Employee Reservation Portion, if undertaken, shall be at the price to be decided by our Company and Selling Shareholders in consultation with the BRLM and which shall be announced at least two Working Days prior to the Bid/Offer Opening Date.
The unsubscribed portion, if any, in the Employee 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 [•] Equity Shares aggregating up to ₹ 75 million 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.
Employee Reservation Portion means the portion of the Offer being up to 778,400 Equity Shares aggregating up to ₹ 1,381 million which did not exceed 5% of the post Offer Equity Share capital of the Company, available for allocation to Eligible Employees, on a proportionate basis.
Employee Reservation Portion. The portion of the Offer being up to 65,000 Equity Shares of face value of ₹ 1 each aggregating up to ₹ 86.39 million 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;
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;
Employee Reservation Portion means the portion of the Offer available for allocation to Eligible Employees, on a proportionate basis, in accordance with and subject to Regulation 33 of the SEBI ICDR Regulations;
Employee Reservation Portion means the portion of the Offer, being Equity Shares, available for allocation to Eligible Employees;
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.;