|
||||||||||||||||||||||||||
| SEC Info℠ | | | Home | | | Search | | | My Interests | | | Help | | | Sign In | | | Please Sign In | |||||||
|
||||||||||||||||||||||||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 2/25/20 India Globalization Capital, Inc. S-8 2/25/20 5:250K Federal Filings, LLC/FA |
Document/Exhibit Description Pages Size
1: S-8 Registration of Securities to be Offered to HTML 72K
Employees Pursuant to an Employee Benefit Plan
2: EX-5.1 Opinion of Counsel re: Legality HTML 8K
3: EX-10.2 Material Contract HTML 30K
4: EX-10.3 Material Contract HTML 29K
5: EX-23.1 Consent of Experts or Counsel HTML 6K
Exhibit 5.1
1325 Avenue of the Americas, 15th Floor
February 24, 2020
India Globalization Capital, Inc.
10224 Falls Road,
Re: Registration Statement on Form S-8
Ladies and Gentlemen:
We have acted as counsel to India Globalization Capital, Inc., a Maryland corporation (the “Company”), in connection with the filing of its registration statement on Form S-8 (the “Registration Statement”) relating to the registration of 4,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share issuable pursuant to the terms and in the manner set forth in the Company’s 2018 Omnibus Plan (the “Plan”) and up to 2,000,000 shares that may be issued pursuant to other grants (the “Special Grants”).
This opinion letter is being delivered at the request of the Company and in accordance with the requirements of Item 601(b)(5) of Regulation S-K promulgated by the Securities and Exchange Commission.
We advise you that we have examined originals or copies certified or otherwise identified to our satisfaction of the Registration Statement, the Plan, the Articles of Incorporation and By-laws, each as amended, and corporate proceedings of the Company, and such other documents, instruments and certificates of officers and representatives of the Company and of public officials, and we have made such examination of law, as we have deemed appropriate as the basis for the opinion hereinafter expressed. In making such examination, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity
and completeness of documents submitted to us as originals, the conformity to original documents of documents submitted to us as certified or photostatic copies, and the authenticity and completeness of the originals of such latter documents.
Based upon the foregoing, we are of the opinion that the Shares to be issued under the Plan and Special Grants, when issued pursuant to the terms and in the manner set forth in the Plan and Special Grants, will be duly and validly issued, fully paid and non-assessable.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby concede that our firm is within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended or the rules and regulations of the Commission.
Very truly yours,
/s/ OLSHAN FROME WOLOSKY LLP
| This ‘S-8’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| Filed on / Effective on: | 2/25/20 | None on these Dates | ||
| 2/24/20 | ||||
| List all Filings | ||||