Examples of Equity Share Capital in a sentence
Allotted and Fully Paid Equity Share Capital 2014Ordinary Shares10p Number2013Ordinary Shares10p NumberAt 1 January258,317,599256,954,63727 February to 23 December 2013 : Allotment of shares to employees-1,362,9621 January 2014 to 31 January 2014 : Allotment of shares to employees811,456-At 31 December259,129,055258,317,599 The Company has one class of ordinary shares which carry no right to fixed income.
However as and when they exercise their option they will be eligible for allotment of Equity Shares which will rank pari passu with the existing Equity Shares of the Company and there will be consequential change in the Equity Share Capital.
The voting rights of the Members shall be in proportion to their share in the Paid-Up Equity Share Capital of the Company as on the cut-off date, i.e., Tuesday, August 6, 2019.
As on the date of this DPA, the Acquirer is the sole Promoter of the Target Company, holding 2,77,12,125 (Two Crore Seventy-Seven Lakh Twelve Thousand One Hundred Twenty-Five) Equity Shares representing 69.95% (Sixty Nine Point Nine Five percent) of the Equity Share Capital of the Target Company.
The Issued, Subscribed and Paid-up Equity Share Capital of the Company as on March 31, 2022, was Rs. 60,00,000/- consisting of 1,20,000 Equity Shares of Rs. 50/- each.