Examples of Voting Equity Capital in a sentence
He has entered into a SPA on July 19, 2022 to acquire 1,16,458 Equity Shares representing 18.20% of the Paid up and Voting Equity Capital of the Target Company at a price of ₹659/- (Rupees Six Hundred Fifty Nine Only) per Equity Share from the Sellers.
The Company and each Restricted Subsidiary has good and marketable title to all of the Voting Equity Capital or other Equity Capital it purports to own of each Restricted Subsidiary, free and clear in each case of any Lien.
Annex A attached hereto states the name of each of the Company's Restricted Subsidiaries, its jurisdiction of organization and the percentage of its Voting Equity Capital or other Equity Capital owned by the Company and/or its Subsidiaries.
Following consummation of this Offer (assuming full acceptance of the Offer) and the transaction described in 3.1.5 above, Idea together with PAC will hold upto 100 % of Fully Diluted Voting Equity Capital of Spice.
After Preferential Allotments and SPA, the shareholding of Acquirer, PAC1, PAC2, PAC3, PAC4 & PAC5 will be as follows: Name of AcquirersNo of shares throughSPA As a result of proposed transfer under SPA & Preferential Issues, the Acquirers shareholding in the target company would exceed 15% of the Post Preferential Voting Equity Capital and there is also change in control of target company hence this open offer is being made pursuant to regulation 10 and 12 of SEBI (SAST) REGULATIONS, 1997.
The Sale Shares will represent 40.8% of the Fully Expanded Voting Equity Capital of Spice.
Idea together with TMI, TMI Mauritius, TMI India and GAASPL is making this cash Offer for acquisition of upto 137,985,050 fully paid-up equity shares of Rs. 10 each of Spice from the existing shareholders of Spice representing 20% of Fully Expanded Voting Equity Capital of Spice, at a price of Rs. 77.30 (Rupees Seventy seven and thirty paise only) per fully paid up equity share of face value Rs. 10 each payable in cash, subject to terms and conditions mentioned hereinafter.
All such Voting Equity Capital and other Equity Capital has been duly issued and are fully paid and non-assessable.
When a resident needs care other than what the State home is required to provide under this subpart, the State home is responsible for assisting the resident inobtaining that care.
The Sellers constitute the entire present promoter group of the Target Company and their combined existing holding of 73,22,380 equity shares constitutes 54.69% of the Voting Equity Capital (as defined subsequently) of the Target Company.