Voting Share Capital definition

Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as of the 10th (Tenth) Working Day from the closure of the Tendering Period of the Offer;

Voting Share Capital means the total paid-up Equity Share Capital/ Voting Capital of the Target Company on a fully diluted basis as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Open Offer;

Voting Share Capital means the total fully paid-up equity share capital and voting capital of the Target Company on a fully diluted basis as of the 10th (tenth) Working Day from the closure of the Tendering Period for the Open Offer i.e., 1,52,00,000 Equity Shares; and

Examples of Voting Share Capital in a sentence

• However, the shareholding of the Equity Shareholders is only 25.37% of the Voting Share Capital, and therefore, the Offer Shares represent 25.37% of the Voting Share Capital.

• A mandatory open offer for acquisition of up to 197,025,660 equity shares of face value of INR10 each in Fortis, representing additional 26% of the Expanded Voting Share Capital (as defined in Section B6(1)) of Fortis, at a price of not less than INR170 per share (“Fortis Open Offer”) or such higher price as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

• A mandatory open offer for acquisition of up to 197,025,660 equity shares of face value of INR10 each in Fortis, representing additional 26% of the Expanded Voting Share Capital of Fortis, at a price of not less than INR170 per share (“Fortis Open Offer”) or such higher price as required under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”).

• After completion of this Offer and consummation of the Share Purchase Agreement, the Promoter Sellers shall not hold any Equity Shares and Voting Share Capital in the Target Company, and hence shall no longer be the shareholders of the Target Company in any capacity.

• Since the Acquirer has entered into the SPA to acquire voting rights which may be in excess of 25% of the Voting Share Capital and control over the Target Company, this Open Offer is being made under Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011.

More Definitions of Voting Share Capital

Voting Share Capital means the total voting equity share capital of the Target Company as on the date of this Public Announcement.

Voting Share Capital means, in respect of any Person, shares that carry a right to vote in an ordinary general meeting of that Person.

Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as of the 10th (tenth) working day from the closure of the tendering period of the Open Offer (which may change on account of any future corporate actions); and

Voting Share Capital means the fully diluted voting share capital of Target Company.

Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis expected as of the 10th

Voting Share Capital means the total voting equity share capital of the Target Company as on the 10th working day from the closure of the tendering period for the Offer (such Voting Share Capital excludes 1,100 equity shares of the Target Company which were forfeited).

Voting Share Capital means the expected total voting equity share capital of the Target Company as on the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer. This excludes 11,250 Equity Shares which have been issued but not subscribed pursuant to an Employee Stock Purchase Scheme as these Equity Shares were kept in abeyance. The Target Company has confirmed that it has not issued any partly paid-up shares, convertible securities or warrants, and there are no shares against which depository receipts have been issued. Further, the Target Company has confirmed that there no outstanding vested employee stock options and employee stock options that will vest and be exercisable into equity shares of the Target Company till March 31, 2023 (assuming March 31, 2023 to be the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer).