Share Entitlement Ratio definition

Share Entitlement Ratio shall have the meaning set out in Clause 16.1;
Share Entitlement Ratio means the ratio in which the New Equity Shares will be issued and allotted by the Resulting Company to equity shareholders of the Demerged Company under Clause 11.1.1.
Share Entitlement Ratio has the meaning assigned to such a term in Clause 4.3.2;

Examples of Share Entitlement Ratio in a sentence

  • The number of shares forming part of the Transferee Company New ESOP Plan shall be determined basis the Share Entitlement Ratio 2 as mentioned in clause 20 of this Scheme.

  • In each case, the trustee(s) shall sell such Equity Shares and distribute the net sale proceeds (after deduction of the expenses incurred) to the members respectively entitled to the same, in proportion as nearly as the Board of Directors of the Transferee Company deems possible to their respective fractional entitlements in the Transferee Company in terms of Share Entitlement Ratio.

  • The Board of Directors of each of TREL and BEL have determined the Share Entitlement Ratio as 1:3, based on their independent judgment and after taking into consideration the aforesaid Share Entitlement Report and Fairness Opinion (“Share Entitlement Ratio”).

  • Ekadrisht Capital Private Limited, holding Permanent registration - INM000013040, SEBI Registered Category 1 Merchant Bankers, to provide a fairness opinion on the Share Entitlement Ratio adopted under this Scheme.


More Definitions of Share Entitlement Ratio

Share Entitlement Ratio shall have the meaning ascribed to such term in Clause 3.2. “Stock Exchanges” means, collectively, the BSE and NSE.
Share Entitlement Ratio means, the number of equity shares of Vineet Laboratories Limited (Resulting Company) to which a shareholder of Ortin Laboratories Limited (Demerged Company) would be entitled to in proportion of his existing shares in Ortin Laboratories Limited (Demerged Company).
Share Entitlement Ratio means the ratio in which the equity shares of Resulting Company are to be issued and allotted to the shareholders of GFL 1 on demerger as per Part B of this Scheme;
Share Entitlement Ratio means, the number of equity shares of SMS Lifesciences India Limited(Resulting Company) to which a shareholder of SMS Pharmaceuticals Limited(Demerged Company) would be entitled to in proportion of his existing shares in SMS Pharmaceuticals Limited(Demerged Company).
Share Entitlement Ratio means the ratio in which the equity shares of BL are to be issued and allotted to the shareholders of BGWL on demerger as per Part C of this Scheme;
Share Entitlement Ratio shall have the meaning ascribed to such term in Clause 10.2 of Part V of this Scheme;