Share Entitlement Ratio definition
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.