Examples of Red Xxxxxxx Prospectus in a sentence
There shall be no further issue or offer of securities, whether by way of issue of bonus issue, preferential allotment, rights issue or in any other manner, during the period commencing from the date of the Draft Red Xxxxxxx Prospectus until the Equity Shares proposed to be allotted or transferred pursuant to the Issue have commenced trading or until the Bid monies are refunded because of, inter-alia, failure to obtain trading approvals in relation to the Issue.
Provided however that the Parties agree and acknowledge that the Red Xxxxxxx Prospectus with the RoC shall not be filed unless the Offered Shares are debited from the respective Selling Shareholders Demat Accounts and successfully credited into the Escrow Demat Account.
The Company shall communicate the indicative date of filing of the Red Xxxxxxx Prospectus with the RoC to the Selling Shareholders (with a copy to the Lead Managers) as soon as practicable, and at least 2 (two) working days prior to the Deposit Date.
Except as disclosed in the Draft Red Xxxxxxx Prospectus and as will be disclosed in the Red Xxxxxxx Prospectus and Prospectus, no change or restructuring of the ownership structure of the Company Entities is proposed or contemplated.
The Company agrees that it shall pay requisite interest under Applicable Law or direction or order of SEBI, Stock Exchanges, the RoC or any other Governmental Authority in the manner described in the Draft Red Xxxxxxx Prospectus and as will be described in the Red Xxxxxxx Prospectus and the Prospectus.