effective shareholding definition
effective shareholding means the extent of control or ownership in the company incorporated in the Republic by the company incorporated outside the Republic expressed as a percentage.
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Related to effective shareholding
Transferring Shareholder has the meaning set out in Section 6.1; and
Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.
Shareholding means the holding by a Member of a Share or Shares (whether in a class or not);
Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.
Stockholder Shares means (a) any equity Securities of the Company (including Common Stock) purchased or acquired by any Stockholder, including under the Purchase Agreement or (b) any Securities issued or issuable directly or indirectly with respect to the Securities referred to in clause (a) above by way of conversion, exercise or exchange, stock dividend or stock split or in connection with a combination of shares, recapitalization, reclassification, merger, consolidation or other reorganization.