Resolution for bonus shares

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PRADEEP (Querist)
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30 March 2016 Dear Sir/Madam,

I hereby request you to provide the resolution for the issue of bonus shares in board meeting and allotment of bonus shares for private company as per Companies Act, 2013.

Regards,
Pradeep

Mandar

Mandar (Expert)
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31 March 2016

BOARD RESOLUTION FOR ISSUE OF BONUS SHARES CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY HELD ON ……… AT …… P.M AT ITS REGISTERED OFFICE.

RESOLVED THAT the allotment of……… number of equity shares against existing ….. total equity shares existing as fully paid up in the company, be and is hereby made as Bonus Issue to the existing shareholders of the Company as on Record Date being ….. 200 in the ratio of Four equity shares for every one equity shares held (i.e. in the ratio of 4:1 shares) as per the table below:

Folio No. Name of the Shareholder Existing No. of Shares Equity Shares allotted as Bonus
1 X 22300 89200
2 Y 1 4
3 Z 1 4

RESOLVED FURTHER THAT the said Equity Shares shall rank pari passu in all respects and carry the same rights as the existing Equity Shares of the Company.

RESOLVED FURTHER THAT Letter of Allotment as placed before the table of the Meeting duly initialed by the Chairman for the purpose of identification be and is hereby approved and Directors of the Company be and are hereby authorised severally to issue and sign the letters of allotment to the shareholders.

RESOLVED FURTHER THAT the return of allotment pursuant to Section ¬¬ of the Companies Act, 2013, in the prescribed form be filed with the Registrar of Companies, NCT of Delhi & Haryana.

CERTIFIED TO BE TRUE

For ABC Pvt Ltd

Director

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