TMI BlogGeneral Meeting proposed for passing the special resolution:X X X X Extracts X X X X X X X X Extracts X X X X ..... 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; d) shareholding pattern of the issuer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lines 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 securities in terms of the provision of these regulations where it is required to do so; h) undertaking tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nation.-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. ] 7 [ (3) Specified securities may be issued on a preferential basis for consideration other than cash: Provided that consideration other than cash shall compr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sue 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/ 2022/ 63 dated 14-01-2022 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/ 2022/ 63 dated 14-01-2022 before it was read as wilful defaulter 4. Inserted vide Notification No. SEBI/LAD-NRO/GN/ 2022/ 63 dated 14-01-2022 5. Subst ..... X X X X Extracts X X X X X X X X Extracts X X X X
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