Issue of shares- private limited company

The case is not clear as the allotment of shares is a systematic  procedure.

Right issue present,, when shares is going to issue as public issue.. In this case, normal procedure will be followed.

It all depends on the Articles of the Company.... In a closely held Compnay where there are only two share holders there is a possibility that htey are the Directors as well in such a case if allotment is made in board meeting it means both the Directors ( who are probably the share holders) have consented the allotment.

in such case it will not be a right issue

in this case, there are 2 Directors, Mr. A and Mr. B, while shareholders are Mr. A and Mr. X.

prior to the said issue of shares, the proportion of shares held by Mr.A and Mr.X is 50% respectively. The additional allotment is to Mr. A (at fair value). The post issue shareholding pattern will be 75:25.