Mandatory Requirements

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.... 7. (1) The Issuing Company shall comply with the provisions of the Companies Act, 1956 (1 of 1956) and obtain necessary approvals of its Board of Directors and shareholders if applicable. The Offe....

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....es with respect to disclosures of their shareholding in the Offered Company. (3) The Issuing Company shall not transfer, mortgage or offer as collateral or trade in the offered shares under Foreign....