Resolved That pursuant to the provisions of Section 13 read with Section 61 and 64 of the Companies Act, 2013 (the “Act”), Rule 15 of the Companies (Share Capital and Debentures) Rules, 2014 and any other applicable provisions of the Act read with Rules thereunder (including any statutory modifications or re-enactment thereof, for the time being in force) and applicable provisions of the Articles of Association of the Company, subject to the approval of the Shareholders of the Company, the approval of the Board be and is hereby accorded to increase the Authorized Share Capital of the Company from existing Rs. _____ (Rupees _____ Only) divided into _____ Equity Shares of Rs. _____ (Rupees _____) each < & _____ Preference Shares of Rs. _____ (Rupees _____) each > to Rs. _____/- (Rupees _____ only) divided into _____ Equity Shares of Rs. _____ (Rupees _____) each < & _____ Preference Shares of Rs. _____ (Rupees _____) each > ranking pari passu in all respect with the existing shares of the Company.
Resolved Further That subject to the approval of the Shareholders of the Company in ensuing <Annual/Extra-ordinary> General Meeting of the Company, Clause V of the Memorandum of Association of the Company be altered to read as follows:
< “The Share Capital of the Company is Rs. _____ (Rupees _____ only) divided into _____ (_____) Equity Shares of Rs. _____ (Rupees _____) each < & _____ Preference Shares of Rs. _____ (Rupees _____) each >.”
Resolved Further That Mr./ Ms. _____ [Name and Designation of the authorized person] of the Company, of the Company, be and is hereby authorized to sign and file Form SH 7 and such other relevant documents, forms, return, as may be required, with the Registrar of Companies, _____ and to do all such acts, deeds and things as may be required for giving effect to the aforesaid resolution.
For and on behalf of ___________ (Company Name) ___________
___________________ (Name of Company Secretary, if any / Director)
___________________ (Designation)
_____________________ (DIN / Membership No. as the case may be)
_____________________ (Address of the Director)
