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General Meeting proposed for passing the special resolution:

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Full Text of the Document

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....licable law, disclose the following in the explanatory statement to the notice for the general meeting proposed for passing the special resolution: a) objects of the preferential issue; b) maximum number of specified securities to be issued; c) intent of the promoters, directors ^9[, key managerial personnel or senior management] of the issuer to subscribe to the offer; ....

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....cation of such ultimate beneficial owners, shall be in accordance with the guidelines prescribed by the Board, if any. ^2[(fa) the percentage of post preferential issue capital that may be held by the allottee(s) and change in control, if any, in the issuer consequent to the preferential issue] g) undertaking that the issuer shall re-compute the price of the specified s....

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....e proposed preferential issue, certifying that the issue is being made in accordance with the requirements of these regulations. ^6[Explanation.-For the purposes of sub-regulation (2), the issuer shall also host the certificate on its website and provide a link for the same in the notice for the general meeting of the shareholders considering the proposed preferential issue.] ....

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....rities shall be calculated.     ************ NOTES:- 1. Omitted vide Notification No. SEBI/LAD-NRO/GN/ 2022/ 63 dated 14-01-2022 before it was read as ", the percentage of post preferential issue capital that may be held by them and change in control, if any, in the issuer consequent to the preferential issue" 2. Inserted vide Notification No. SEBI/LAD-NRO/GN/ ....