crore definition

crore means "ten million" and a "lakh" means a "hundred thousand".

crore means a reference to ten million (10,000,000) and a “lakh” shall mean a reference to one tenth of a million (1,00,000);

crore means a reference to ten million (10,000,000) and a "lakh" means a reference to one tenth of a million (1,00,000).

Examples of crore in a sentence

• The consideration paid for the acquisition of FACOR by the Company on debt and cash free basis under the approved Resolution Plan includes cash of ₹ 56 Crore through infusion of equity of ₹ 34 Crore and inter-corporate loan of ₹ 22 Crore as well as zero coupon, secured and unlisted Non-Convertible Debentures of aggregate face value of ₹ 287 Crore to the Financial Creditors payable equally over 4 years commencing March 2021.

• The maximum amount of funds required for the Buyback will not exceed ₹ 13,000 Crore (Rupees Thirteen Thousand Crore only), excluding transaction costs, namely applicable taxes such as securities transaction tax, GST, stamp duty, filing fees, advisors fees, brokerage, public announcement expenses, printing and dispatch expenses and other incidental and related expenses.

• The maximum amount proposed to be utilized for the Buyback offer is ₹ 13,000 Crore (Rupees Thirteen Thousand Crore only), excluding brokerage and other costs and is therefore within the limit of 25% of the Company’s total paid-up equity capital and free reserves, as per the audited standalone Balance Sheet as on June 30, 2017.

• In the event that there is 100% acceptance of the Equity Shares tendered in the Buyback from Shareholders on a proportionate basis, the funds deployed by the Company towards the Buyback would be up to ₹ 13,000 Crore /- (Rupees Thirteen Thousand Crore only) excluding brokerage and other costs.

• The Company proposes to buy back up to 11,30,43,478 (Eleven Crore Thirty Lakh Forty Three Thousand Four Hundred and Seventy Eight only) Equity Shares of face value of ₹ 5/- each of the Company.

More Definitions of crore

crore means ten million (10,000,000);

crore means a reference to ten million (10,000,000) and a “Lakh” means a reference to one tenth of a million (1,00,000);

crore means a reference to ten million (10,000,000) and a “lakh” means a reference to one tenth of a million (1, 00,000);

crore means a reference to ten million (10,000,000) and a “lakh” / “Lac” means a reference to one tenth of a million (1, 00,000);

crore means INR Ten Million;

crore or “crore” means a unit in India used for numbering whereby 1 Crore = 10 million.

crore means a reference to ten million (10,000,000) and a “Lakh” means a reference to one tenth of a million (1,00,000); An "encumbrance" shall be construed as a reference to a mortgage, charge, pledge, lien or other encumbrance securing any obligation of any person or any other type of preferential arrangement (including, without limitation, title transfer and retention arrangements) having a similar effect;