Examples of Voting Share Capital in a sentence
The Open Offer is being made as a result of the proposed acquisition of more than 25% (Twenty Five Percent) of the listed Voting Share Capital of the Company and control over the Target Company, detailed further in paragraph 2.1 above (Background to the Offer), in accordance with the terms and conditions set out in the SPA, resulting in a change of control of the Target Company in terms of Regulations 3(1), 4 and other applicable provisions of the SEBI (SAST) Regulations.
Offer / Open OfferThe Offer being made by the Acquirer Group for acquisition of up to 16,762,530 Equity Shares, constituting 26.00% of the Voting Share Capital of the Target Company.Offer PeriodOffer Period as defined under the SEBI (SAST) Regulations.
The proposed acquisition by the Acquirer is with an intention to acquire Voting Share Capital and control of the Target Company.
Boricha Marg, Lower Parel East, Mumbai – 400011, MaharashtraDear Sir/ Ma’am, Subject: Open offer made by the Acquirers for acquisition of up to 1,87,200 Equity Shares representing 26.00% of the Voting Share Capital from the Public Shareholders of Aaswa Trading and Exports Limited.
This implies that, in case of no validly tendered Equity Shares by the Public Shareholders in the Open Offer, the Acquirer will acquire 38,15,200 Equity Shares from the Sellers, constituting 25.10% of the Voting Share Capital of the Target Company pursuant to the SPA.