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Board Resolution

Board Resolution to Increase Authorised Share Capital

Use this resolution to propose an increase in authorised share capital for members' approval.

CERTIFIED TRUE COPY OF THE RESOLUTION

passed at the meeting of the Board of Directors of [Company Name] held on [Meeting Date] at the registered office of the Company

RESOLVED THAT subject to the provisions of Section 61 read with Section 13 of the Companies Act, 2013 and the Articles of Association of the Company, and subject to the approval of the members in general meeting by ordinary resolution, the Board be and is hereby accorded consent to increase the authorised share capital of the Company from Rs. ______ to Rs. [Amount] by creation of additional equity shares of Rs. ______ each, ranking pari passu with the existing equity shares, with a consequential alteration to the capital clause of the Memorandum of Association.

FURTHER RESOLVED THAT any Director or the Company Secretary be and is hereby severally authorised to convene a general meeting of the members with effect from [Effective Date], to file Form SH-7 and Form MGT-14 with the Registrar of Companies and to do all acts necessary to give effect to this resolution.

Certified to be true copy

For [Company Name]


_______________________
(Director / Company Secretary)
DIN / Membership No.: ________
Date: [Effective Date]

Before you use it — fill in / check

  • Company name
  • Amount/details
  • Effective date
  • Meeting date

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.