Demerger Record Date definition
Demerger Record Date means in respect of demerger of ‘Automotive/Tractor/Engineering Components Business Undertaking’ of PIL, the date to be fixed by the Board of Directors of PIL in consultation with the Board of Directors of PAIL for the purpose of issue and allotment of shares by PAIL to the shareholders of PIL accordance with Clause Error! Reference source not found. of this Scheme.
Demerger Record Date means any date after due sanction of this Scheme by the Hon’ble NCLT in accordance with the Act, as shall be mutually fixed by the Board of Directors of Digital, IncNut Stylecraze Private Limited and Momjunction Private Limited, for the purpose of determining the security holders of Digital who shall be eligible for issue of securities in accordance with Clause 12.1 pursuant to and as contemplated under Part II of this Scheme.
Demerger Record Date means the date, after the date of issue of shares pursuant to this Scheme to the shareholders of the First Demerged Company(‘Record Date’), to be fixed by the Board of Directors of the Second Demerged Company and the First Resulting Company and the Second Demerged Company and the Second Resulting Company, as the case may be for determining names of the equity shareholders of Second Demerged Company, who shall be entitled to shares of the First Resulting Company and the Second Resulting Company, respectivelyas specified under Clause 24 and Clause 32of this Scheme;
Examples of Demerger Record Date in a sentence
All those shareholders who hold shares of SABTNL in physical form shall also have the option to receive the Equity Shares, as the case may be, in dematerialized form provided the details of their account with the Depository Participant are intimated in writing to SABTNL and / or its Registrar before the Demerger Record Date.
More Definitions of Demerger Record Date
Demerger Record Date means in respect of demerger of Power Business Undertaking of Jagdamba, the date to be fixed by the Board of Directors of Jagdamba for the purpose of issue and allotment of shares by Godawari to the shareholders of Jagdamba in accordance with Clause 16 of this Scheme.
Demerger Record Date means the date to be fixed by the board of directors of the Demerged Company for the purpose of determining the equity shareholders of the Demerged Company to whom shares of the Resulting Company shall be allotted pursuant to the Demerger under this Scheme;
Demerger Record Date means the date to be mutually fixed by the Board of Directors of QDCPL and QCTPL, for the purpose of determining the shareholders of QCTPL to whom shares of QDCPL shall be issued in consideration for the demerger of the QCTPL Undertaking into QDCPL pursuant to and as contemplated under Part II of this Scheme.
Demerger Record Date means, in respect of demerger of the Integra Division business of Morarjee, the date to be fixed by the Board of Directors of Morarjee for the purposes of issue and allotment of shares by FSML to the shareholders of Morarjee in accordance with clause 5.1;
Demerger Record Date means, in respect of demerger of the Internet Business Undertaking of Northgate into Northgate Com, the date to be fixed by the Board of Directors of Northgate for the purposes of issue and allotment of equity shares by Northgate Com to the equity shareholders of Northgate in accordance with clause 5;
Demerger Record Date means the Business Day before the M and B Reduction of Capital becomes effective currently envisaged to be 11 April 2003;