Examples of Investor Selling Shareholder in a sentence
The Offer Price of the Equity Shares will be determined by our Company and the Investor Selling Shareholder in consultation with the BRLMs, and through the Book Building Process.
Subject to approval by our Shareholders by way of a special resolution post listing of the Equity Shares, our Promoter shall have the right to elect the Chairman of our Company and the Investor Selling Shareholder shall have the right to nominate one Director to our Board, so long as the Investor Selling Shareholder (together with its affiliates) continues to hold 5% of the issued and paid-up Equity Share capital of our Company.
Sr.No.Name of the Promoter Selling Shareholder Sr.No.Name of the Investor Selling Shareholder Each of the Selling Shareholders havespecifically confirmed that their respective portion of the Offered Shares, have been held by each one of them for a period of at least one year prior to the filing of the Draft Red Herring Prospectus with SEBI, and are accordingly eligible for being offered for sale in the Offer as required by the SEBI ICDR Regulations.
The Investor Selling Shareholder has instituted, maintained and enforced and will continue to maintain policies and procedures designed to ensure continued compliance therewith and has not directly or indirectly provided and will not provide any financial or other services to any person subject to such laws.
The Investor Selling Shareholder, the Individual Selling Shareholder, the Promoter Selling Shareholders, the Promoter Group Selling Shareholders and the Other Selling Shareholders are collectively referred to as the “Selling Shareholders” and individually as a “Selling Shareholder”.
Details of the Investor Selling Shareholder CMDB IIDetails of registration and place ofbusinessCMDB II is registered as a private company limited by shares with the Registrarof Companies, Mauritius at Port Louis.
Build-up of Investor Selling Shareholder’s shareholding As on the date of this Red Herring Prospectus, the Investor Selling Shareholder holds 27,249,362 Equity Shares, representing 19.43% of the pre-Offer issued, subscribed, and paid-up capital of our Company, on a fully diluted basis.
The Selling Shareholders include one of our Promoters and Directors, Mr. T.S. Kalyanaraman; and Highdell, the Investor Selling Shareholder.
The Offer Price of the Equity Shares was determined by our Company and the Investor Selling Shareholder in consultation with the BRLMs, and through the Book Building Process.
The Company is hereby granted a right of first refusal with respect to any proposed transfer of Stock of the Company by a Stockholder or Investor in the following order of priority: The Company shall have the first right to purchase any Stock proposed to be Transferred to a third party by a Stockholder or Investor ("Selling Shareholder").