Contents of the Explanatory Statement

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....buy-back; iii) Maximum amount required under the buy-back and its percentage of the total paid up capital and free reserves; iv) Maximum price at which the shares or other specified securities are proposed be bought back and the basis of arriving at the buy-back price; v) Maximum number of securities that the company proposes to buy-back; vi) Method to be adopted for buy-back as referr....

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....trol of the company to tender shares or other specified securities for buy-back indicating the number of shares or other specified securities, details of acquisition with dates and price; ix) A confirmation that there are no defaults subsisting in repayment of deposits, redemption of debentures or preference shares or repayment of term loans to any financial institutions or banks; x) A confi....

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....hin a period of one year from that date; and c) in forming their opinion for the above purposes, the directors shall take into account the liabilities as if the company were being wound up under the provisions of the Companies Act, 1956 or Companies Act or the Insolvency and Bankruptcy Code 2016 (including prospective and contingent liabilities); xi) A report addressed to the Board of ....