General conditions
X X X X Extracts X X X X
X X X X Extracts X X X X
....approval for listing of its specified securities on such stock exchanges and has chosen one of them as the designated stock exchange, in terms of Schedule XIX. (b) all its existing partly paid-up equity shares have either been fully paid-up or have been forfeited; (c) it has made firm arrangements of finance through verifiable means towards seventy five per cent. of the stated me....
X X X X Extracts X X X X
X X X X Extracts X X X X
....letter of offer and the letter of offer], shall not exceed thirty five per cent. of the amount being raised by the issuer: Provided that the amount raised for such objects where the issuer company has not identified acquisition or investment target, as mentioned in objects of the issue in the ^5A[draft letter of offer and the letter of offer], shall not exceed twenty five per cent.....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ounders, then such a SR shareholder shall not renounce their rights and the SR shares received in a rights issue shall remain under lock-in until conversion into equity shares having voting rights same as that of ordinary equity shares along with existing SR equity shares.] ************ NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2019/29 dated 29-07-20....
TaxTMI