Existing Share Capital definition

Existing Share Capital means the total issued and paid-up equity share capital of the Target Company as on the date of this Detailed Public Statement, i.e., 134,834,566 Equity Shares (which includes 2,754,427 equity shares held by Escorts Employees Benefit and Welfare Trust (as a non-promoter non-public shareholder) that are reserved for providing Equity Shares to employees under the Target Company’s stock option plan);
Existing Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as on the date of this Public Announcement i.e. 20,48,68,760 equity shares;
Existing Share Capital means the total issued and paid-up equity share capital of the Target Company as on the date of this DPS, i.e., 61,20,00,000 Equity Shares.

Examples of Existing Share Capital in a sentence

  • The Conversion Shares represent (i) approximately 30.4% of the Existing Share Capital 1 ; and (ii) approximately 23.3% of the Enlarged Share Capital 2 immediately after Conversion Completion.

  • As at the date of this announcement, the Manager holds 1.62% of the Existing Share Capital.

  • The Board of Directors of the Bank has decided to formalize this assurance by entering into this Change of Control Agreement with the Officer.

  • Based on the Existing Share Capital (assuming no new Shares are issued on or prior to completion of the Proposed Subscription) and assuming that the Proposed Acquisition is approved by Shareholders at the EGM and that the Proposed Acquisition completes, (the “Maximum Subscription Scenario”), the Company will allot and issue 407,000,000 Subscription Shares to the Subscriber.

  • As at the date of this announcement, the Subscriber holds 98,500,000 Shares representing 13.23% of the Existing Share Capital.


More Definitions of Existing Share Capital

Existing Share Capital means the total issued and fully paid-up equity share capital of the Target Company, i.e., 40,096,800 Equity Shares, and the partly paid-up equity share capital of the Target Company, i.e., 153,200 Equity Shares (of which ₹ 5 per Equity Share is unpaid towards face value and ₹ 25 per Equity Share is unpaid towards share premium), as on the date of this Detailed Public Statement;
Existing Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as on the date of the PA, i.e. 20,48,68,760 (Twenty Crore Forty Eight Lakh Sixty Eight Thousand Seven
Existing Share Capital means the existing issued and paid-up share capital of the Company of 1,067,313,903 shares in the capital of the Company (“Shares”) as at the date of this announcement. The Company has no treasury shares or subsidiary holdings or outstanding convertibles.
Existing Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as on the date of this Public Announcement i.e., 13,016,875 Equity Shares;
Existing Share Capital means the existing Class A Ordinary Shares in issue as at the date
Existing Share Capital means the 250,712,740 Existing Ordinary Shares in issue as at 8 September 2011, the last practicable date prior to the issue of this document;
Existing Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as on the date of this DPS i.e.,