Promoter Selling Shareholder definition

Promoter Selling Shareholder shall have the meaning given to such term in the Preamble;
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Promoter Selling Shareholder has the meaning attributed to such term in the preamble of this Agreement.
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Promoter Selling Shareholder shall have the meaning given to such terms in Recital (A);
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Examples of Promoter Selling Shareholder in a sentence

  • The Issue comprises of a Fresh Issue by our Company and an Offer for Sale by the Promoter Selling Shareholder.

  • The Offer may include allocation of Equity Shares to certain Anchor Investors by the Company and the Promoter Selling Shareholder, in consultation with the BRLMs, on a discretionary basis, in accordance with the SEBI ICDR Regulations.

  • The Promoter Selling Shareholder shall reimburse any Indemnified Party for all expenses (including any legal or other expenses and disbursements) as they are incurred by such Indemnified Party in connection with investigating, disputing, preparing or defending any such action or claim, whether or not in connection with pending or threatened litigation to which the Indemnified Party may become subject, in each case, as such expenses are incurred or paid.

  • The proceeds from the Offer for Sale will be remitted to the Promoter Selling Shareholder and our Company will not benefit from such proceeds.

  • As this Offer includes an offer for sale of Equity Shares by the Promoter Selling Shareholder, the proceeds from the Offer for Sale will be remitted to the Promoter Selling Shareholder and our Company will not benefit from such proceeds.

  • The Issue Price shall be determined by our Company and Promoter Selling Shareholder, in consultation with the BRLM, in accordance with the Book Building Process, after the Bid/ Issue Closing Date.

  • Any expenses paid by the Company on behalf of the Promoter Selling Shareholder in the first instance will be reimbursed to the Company, directly from the Public Offer Account.

  • Average Cost of Acquisition of Equity Shares by our Promoters (including the Promoter Selling Shareholder) and the Selling Shareholders The average cost of acquisition of equity shares by our Promoters (including the Promoter Selling Shareholder) and the Selling Shareholders, as on the date of this Draft Red Herring Prospectus, is as set forth below: #Pursuant to the certificate dated June 4, 2021 by our Statutory Auditors.

  • The Company and the Promoter Selling Shareholder shall instruct all such persons to cooperate and comply with the instructions of the BRLMs and shall include a provision to that effect in the respective agreements with such persons.

  • Our Promoters average cost of acquisition of Equity Shares in our Company may be lower than the Issue Price as may be decided by the Company and Promoter Selling Shareholder in consultation with the BRLM.


More Definitions of Promoter Selling Shareholder

Promoter Selling Shareholder has the meaning attributed to such term in the recitals of this Agreement.
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Promoter Selling Shareholder shall have the meaning given to such term in the Preamble; “Promoter Selling Shareholder’s Offered Shares” shall mean the Equity Shares offered for sale by the Promoter Selling Shareholder in the Offer, subject to such changes thereto as may be permitted under Applicable Law;
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Promoter Selling Shareholder has the meaning ascribed to it in the Preamble of this Agreement; “Prospectus” has the meaning ascribed to it in Recital E of this Agreement;
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Promoter Selling Shareholder shall have the same meaning ascribed to such term in the Preamble of this Amendment Agreement.
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Promoter Selling Shareholder s Statements” shall mean all the statements specifically made, confirmed or undertaken by the Promoter Selling Shareholders in the Offer Documents in relation to themselves as a Promoter Selling Shareholders and the Offered Shares;
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Related to Promoter Selling Shareholder

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Controlling Shareholder means any shareholder owning more than fifty

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of all outstanding classes or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its “affiliate” or “associate” (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its “affiliate” or “associate” as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Company Shareholder means a holder of Company Shares.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Selling Partner has the meaning set forth in Section 8.5.

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Principal Shareholders means Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxx, Xxxxx Xxxxxxxxxx, Xxxxxxx Xxxxx and Xxxx Persons.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • Founder means, in respect of an issuer, a person who,

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Principal Stockholder means any person who individually or in concert with his spouse and

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Anchor Investor means a Qualified Institutional Buyer applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the RHP and who has Bid for an amount of at least ₹ 100 million and the term “Anchor Investors” shall be construed accordingly.

  • Major Shareholders Means a person who has an interest or interests in one or more