Notice Format for EGM with Explanatory Statement

[COMPANY NAME] PRIVATE LIMITED
CIN: [CIN]
Registered Office: [Address], [City] – [PIN]

Ref: EGM/[YYYY-YY]/[__]                               Date: [DD-MM-YYYY]

NOTICE OF EXTRA-ORDINARY GENERAL MEETING

NOTICE is hereby given that an Extra-Ordinary General Meeting of the
members of [Company Name] Private Limited will be held on [Monday],
[DD-MM-YYYY] at [11:00 A.M.] at [the registered office / venue], to
transact the following SPECIAL BUSINESS:

ITEM No. 1 — Increase in Authorised Share Capital
"RESOLVED THAT pursuant to Section 61(1)(a) and other applicable
provisions of the Companies Act, 2013, the Authorised Share Capital of
the Company be and is hereby increased from ₹[10,00,000] to ₹[50,00,000]
by creation of [4,00,000] additional equity shares of ₹10 each, and that
Clause V of the Memorandum of Association be altered accordingly."

ITEM No. 2 — Alteration of Articles of Association (Special Resolution)
"RESOLVED THAT pursuant to Section 14, the Articles of Association be and
are hereby altered by [substituting Article [__] as follows: [text]]."

                                             By Order of the Board
                                       For [Company Name] Private Limited

                                             ____________________
                                             [Name], Director/CS
                                             (DIN: [______])

NOTES:
1. A member entitled to attend and vote may appoint a PROXY (Form MGT-11)
   to attend and vote instead of himself; the proxy need not be a member.
   The proxy form must reach the registered office not less than 48 hours
   before the meeting.
2. The Explanatory Statement under Section 102 is annexed.
3. The Register of Members and share transfer books will remain closed
   from [DD-MM-YYYY] to [DD-MM-YYYY] (both days inclusive).

EXPLANATORY STATEMENT
(Pursuant to Section 102 of the Companies Act, 2013)

Item No. 1: The Company proposes to expand operations and requires
additional funds through issue of further equity. The present authorised
capital of ₹[10,00,000] is fully subscribed and is inadequate. The Board
therefore recommends increasing it to ₹[50,00,000]. The Board recommends
the resolution for approval as an Ordinary Resolution. None of the
directors/KMP or their relatives is concerned or interested in the
resolution except to the extent of their shareholding.

Item No. 2: [State the reason for altering the Articles, the substance of
the change and its effect.] The Board recommends the resolution as a
Special Resolution. [Directors' concern/interest, if any.]