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Forward Purchase Agreement (Tables)
3 Months Ended
Mar. 31, 2023
Forward Purchase Agreement  
Schedule of Forward Purchase Agreement

     

On the date of
acquisition

(September 28, 2022)

  

Share sold during
the period

September 29, 2022
to December 31, 2022

  

As at

December 31, 2022

 
S.no  Name of the
party
 

Opening
Shares

(a)

   Amount  

Shares

(b)

   Amount  

Shares

(c=a-b)

  

Rest
price

(iii)

  

Amount

(c x iii)

 
1  Vellar   1,025,000   $10,583,246    53,796   $524,472    971,204    1.25   $1,214,005 
2  Midtown East   1,599,496    16,514,986    81,572    832,850    1,517,924    1.25    1,897,405 
3  Verdun   1,180,376    12,187,522    2,127    21,962    1,178,249    1.25    1,472,811 
Grand total   3,804,872   $39,285,754    137,495   $1,379,284    3,667,377        $4,584,221 

 

     

As at

December 31, 2022

   Share sold during the three months   As at
March 31, 2023
 
     Opening Shares      Shares      Shares   Rest price   Amount 
S.no  Name of the party  (a)   Amount   (b)   Amount   (c=a-b)   (iii)   (c x iii) 
1  Vellar   971,204   $1,214,005    -    -    971,204    1.25   $1,214,005 
2  Midtown East   1,517,924    1,897,405    -    -    1,517,924    1.25    1,897,405 
3  Verdun   1,178,249    1,472,811    -    -    1,178,249    1.25    1,472,811 
Grand total   3,667,377   $4,584,221    -    -    3,667,377        $4,584,221