Form No. CAA. 15 - Information to be furnished along with circular in relation to any scheme or contract involving the transfer of shares or any class of shares in the transferor company to the transferee company
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Disclosure requirements for share transfer schemes between companies, including shareholdings, consideration and valuation details. The form requires detailed disclosures for schemes transferring shares: corporate identifiers, company type, listing status, objects, capital and debt ... Summary
Disclosure requirements for share transfer schemes between companies, including shareholdings, consideration and valuation details.
The form requires detailed disclosures for schemes transferring shares: corporate identifiers, company type, listing status, objects, capital and debt structure, promoters, directors and KMP, material interests and effects on those interests, and shareholdings in both companies with numbers and per share values. It mandates description of relations between companies, scheme terms, reasons for recommendation, form and total consideration, and where non cash consideration is involved, the share exchange ratio, valuation basis and particulars of shares; cash consideration requires stated sources of funds, and specified enclosures and a director declaration are required.
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