Board Resolution · Share Capital
Bonus shares
A ready-to-use board resolution draft under the Companies Act 2013. Fill in your company name, date, CIN and figures, then copy or download.
[Company Name] · CIN: [____]
Certified extract of the resolution passed at the meeting of the Board of Directors held on [Date] at [Registered Office]:
"RESOLVED THAT pursuant to Section 63 of the Companies Act, 2013 and Article [no.] of the Articles, [number] fully paid-up bonus equity shares of Rs. [face value] each be issued and allotted to the members in the ratio of [ratio], by capitalising a sum of Rs. [amount] out of the free reserves / securities premium of the Company.
RESOLVED FURTHER THAT [Director Name] / the Company Secretary be authorised to allot the bonus shares, issue certificates, and file the return of allotment in Form PAS-3 with the Registrar of Companies within 30 days."
For [Company Name]
[Director Name], Director (DIN: [____])
[Director Name], Director (DIN: [____])
This is a general template for reference only. Have it reviewed by a qualified Company Secretary / lawyer and adapt to your company's Articles before use.
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