Equity Shares definition

Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Equity Shares means the fully paid -up equity shares of the Target Company of face value of Rs.10/- (Rupees Ten Only) Each.

Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

Examples of Equity Shares in a sentence

• The Company proposes to undertake an initial public offering of its equity shares of face value of ₹5 each (“Equity Shares”) comprising of a fresh issue aggregating up to ₹ 2,250.00 million by the Company (“Fresh Issue”) and an offer for sale of Equity Shares (“Offered Shares”) by the Selling Shareholders (“Offer for Sale” and together with the Fresh Issue, the “Offer”).

• The Company and each of the Selling Shareholders propose to undertake an initial public offering of equity shares of face value ₹ 10 each of the Company (the “Equity Shares”), comprising a fresh issue of Equity Shares by the Company (“Fresh Issue”) and an offer for sale of Equity Shares (“Offered Shares”) by the Selling Shareholders (such offer for sale, the “Offer for Sale” and together with the Fresh Issue, the “Offer”).

• As of January 11, 2021, the outstanding capital of the Company consisted of 3,696,486 Multiple Voting Shares and 29,126,766 Equity Shares issued and outstanding, all of which have been duly authorized, are fully paid and non-assessable and were issued in compliance with Securities Laws.

• None of the Equity Shares is part of a class listed on a national securities exchange registered under Section 6 of the U.S. Exchange Act, quoted in an automated interdealer system in the United States, or convertible or exchangeable at an effective conversion premium (calculated as specified in paragraph (a)(6) of Rule 144A) of less than ten percent for securities so listed or quoted.

More Definitions of Equity Shares

Equity Shares shall have the meaning given to such term in Recital (A);

Equity Shares or “Shares” shall mean the fully paid-up equity shares of face value of ₹ 10/- (Rupees Ten only) each of the Target Company;

Equity Shares means all Shares of all classes and series, including, without limitation, common Shares and preferred Shares.

Equity Shares means shares of capital stock of the Company of any class or series (other than Excess Shares). The use of the term “Equity Shares” or any term defined by reference to the term “Equity Shares” shall refer to the particular class or series of capital stock of the Company which is appropriate under the context.

Equity Shares means fully paid-up equity shares of the Company of face value of INR 10 (Indian Rupees Ten only) each;

Equity Shares means fully paid-up equity shares of face value of ₹10.00/- each.

Equity Shares means the Shares and any shares of any other class or series of the Corporation which may, from time to time, be authorized for issue if, by their terms, such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued Dividends;