Voting Share Capital definition

Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis expected as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer.

Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis as of the tenth (10th) working day from the closure of the Tendering Period (as defined below) of the Open Offer; and

Voting Share Capital means the total Equity Share Capital of the Target Company as of the 10th (Tenth) Working Day from the closure of the Tendering Period of the Offer;

Examples of Voting Share Capital in a sentence

• The maximum consideration payable by the Acquirer to acquire up to 16,99,776 (Sixteen Lakhs Nineteen Nine Thousand Seven Hundred and Seventy-Six) Equity Shares, representing 26.00% (Twenty Six Percent) of the Voting Share Capital of the Target Company at the Offer Price of ₹1.10/- (Rupee One and paise ten Only) per Offer Share, assuming full acceptance of the Offer aggregating to ₹18,69,754 (Rupees Eighteen Lakhs Sixty Nine Thousand Seven Hundred and Fifty Four Only).

• The Promoter Sellers are holding 31,17,806(Thirty-One Lakhs Seventeen Thousand Eight Hundred and Six Only) Equity Shares, constituting 47.69% of the Voting Share Capital of the Target Company.

• Except for the proposed acquisition of 31,17,806 (Thirty-One Lakhs Seventeen Thousand Eight Hundred and Six Only) Equity Shares, constituting 47.69% of the Voting Share Capital of the Target Company, by the Acquirer pursuant to execution of the Share Purchase Agreement, the Acquirer, including the promoters, directors, or key employees of Acquirer, are not holding any Equity Shares of the Target Company.

• The prime object of this Open Offer is to acquire substantial acquisition of Equity Shares and Voting Share Capital accompanied with the change in control and management of the Target Company.

• After completion of this Offer, the Promoter Sellers shall not hold any Equity Shares and Voting Share Capital in the Target Company, and hence shall be no longer be the shareholders of the Target Company in any capacity.

More Definitions of Voting Share Capital

Voting Share Capital means the total fully paid-up equity share capital and voting capital of the Target Company on a fully diluted basis as of the 10th (tenth) Working Day from the closure of the Tendering Period for the Open Offer i.e., 1,52,00,000 Equity Shares; and

Voting Share Capital means total voting equity capital of the Target Company on a fully diluted basis expected as of tenth (10th) working day from the closure of the tendering period of the Offer.

Voting Share Capital means the total voting equity share capital of the Target Company as on the date of this Public Announcement.

Voting Share Capital means, in respect of any Person, shares that carry a right to vote in an ordinary general meeting of that Person.

Voting Share Capital means the fully diluted voting share capital of Target Company.

Voting Share Capital means the expected total voting equity share capital of the Target Company as on the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer. This excludes 11,250 Equity Shares which have been issued but not subscribed pursuant to an Employee Stock Purchase Scheme as these Equity Shares were kept in abeyance. The Target Company has confirmed that it has not issued any partly paid-up shares, convertible securities or warrants, and there are no shares against which depository receipts have been issued. Further, the Target Company has confirmed that there no outstanding vested employee stock options and employee stock options that will vest and be exercisable into equity shares of the Target Company till March 31, 2023 (assuming March 31, 2023 to be the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer).

Voting Share Capital means the total voting equity share capital of the Target Company as on the 10th working day from the closure of the tendering period for the Offer (such Voting Share Capital excludes 1,100 equity shares of the Target Company which were forfeited).