Resolution required to be passed

Board Resolution Format for Increase in Authorised Share Capital

RESOLVED that pursuant to the provisions of section 61(1)(a) of the Companies Act, 2013, and other applicable provisions, if any, the authorised share capital of the company be and is hereby increased from Rs. divided into of Rs. each to Rs. divided into of Rs. each.

RESOLVED FURTHER that the existing Clause V of the Memorandum of Association of the Company as to share capital be and is hereby deleted and in its place the following Clause V be substituted:

The authorised share capital of the company is Rs. divided into of Rs. each.

RESOLVED that pursuant to the provisions of section 14 of the Companies Act, 2013, the existing Article

of the Artiles of Association of the Company be and is hereby deleted and in its place the following Article

be substituted therefor:

The authorised share capital of the company is Rs. divided into of Rs. each.

Note: Before increasing the authorised capital, ensure that the Articles of Association of the Company permits an increase in the share capital of the company. If there is no provision, first alter the Articles of Association of the company by passing a Special Resolution.

To increase authorised share capital, e-Form No. MGT-14 along with Explanatory Statement must be filed with ROC along with Government fee for the authorised capital increase.