Examples of Selling Shareholders in a sentence
The Company and the Selling Shareholders have appointed the book running lead managers to the Offer, namely ICICI Securities Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ITI Capital Limited (A part of The Investment Trust of India Limited Group) (together, the “Lead Managers” or the “BRLMs”) to manage the Offer on such terms and conditions, as agreed with them.
The Share Escrow Agent shall provide a list of documents required for the opening of the Escrow Demat Account to the Company and the Selling Shareholders immediately upon execution of this Agreement.
All instructions issued by the Company, the Selling Shareholders and the Share Escrow Agent shall be valid instructions if signed by one representative of each of the Company, the Selling Shareholders and the Share Escrow Agent, as the case maybe, the name and specimen signatures of whom are annexed hereto as Part A, Part B and Part C of Annexure J.
The Share Escrow Agent xxxxxx agrees and undertakes to hold in escrow such Final Offered Shares credited to the Escrow Demat Account for and on behalf of, and in trust for the respective Selling Shareholders in accordance with the terms of this Agreement, and the Parties shall instruct the Depositories not to recognize any Transfer which is not in accordance with the terms of this Agreement.
The Share Escrow Agent shall provide a written confirmation on the credit of the Final Offered Shares to the Escrow Demat Account to the Company, the Selling Shareholders and the BRLMs, in a form as set out in Annexure E on the same Working Day on which the Final Offered Shares have been credited to the Escrow Demat Account.