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Board Resolution · Share Capital

Issue of equity 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.

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[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 [number of shares] equity shares of Rs. [face value] each be and are hereby allotted at par/at a premium of Rs. [premium] per share to the following persons whose subscription monies have been received in full: [Name] — [number of shares]. RESOLVED FURTHER THAT [Director Name] / the Company Secretary be and is hereby authorised to issue share certificates in Form SH-1, update the Register of Members, 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: [____])

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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