TMI BlogDisclosuresX X X X Extracts X X X X X X X X Extracts X X X X ..... eral meeting proposed for passing special resolution: (a) the objects of the preferential issue; (b) the proposal of the promoters, directors or key management personnel of the issuer to subscribe to the offer; (c) the shareholding pattern of the issuer before and after the preferential issue; (d) the time within which the preferential issue shall be completed; (e) the identity of 1[the natur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions, the specified securities shall continue to be locked- in till the time such amount is paid by the allottees. 4[(h) disclosures, similar to disclosures specified in Part G of Schedule VIII, if the issuer or any of its promoters or directors is a wilful defaulter.] (2) The issuer shall place a copy of the certificate of its statutory auditor before the general meeting of the shareholders, co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) The special resolution shall specify the relevant date on the basis of which price of the equity shares to be allotted on conversion or exchange of convertible securities shall be calculated. Explanation: For the purpose of sub-regulation (3), the term 'valuer' has the same meaning as is assigned to it under clause (r) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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