Ordinary Resolution For Subdivision
of Shares
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RESOLVED THAT pursuant to Section 61(1)(d) and other applicable provisions, if
any, of the Companies Act, 2013 and Article… of Articles of Association
of the company, all the __________ (No of Shares) equity shares of Rs. 100
(Rupees hundred) each of the company be and are hereby
sub-divided into __________ (No of Shares) equity shares of Rs. 10/- (Rupees
ten) each.
any, of the Companies Act, 2013 and Article… of Articles of Association
of the company, all the __________ (No of Shares) equity shares of Rs. 100
(Rupees hundred) each of the company be and are hereby
sub-divided into __________ (No of Shares) equity shares of Rs. 10/- (Rupees
ten) each.
RESOLVED
FURTHER THAT all the present shareholders holding in all __________ (No of
Shares) issued, subscribed and fully paid equity shares of Rs. 100 (Rupees
hundred) each be issued, in lieu of their present shareholding, the number
of fully paid consolidated equity shares of Rs. 10 (Rupees ten) each of
the aggregate value equal to the amount paid by each shareholder on his/her
existing fully paid equity shares of Rs. 100/- (Rupees hundred) each.
FURTHER THAT all the present shareholders holding in all __________ (No of
Shares) issued, subscribed and fully paid equity shares of Rs. 100 (Rupees
hundred) each be issued, in lieu of their present shareholding, the number
of fully paid consolidated equity shares of Rs. 10 (Rupees ten) each of
the aggregate value equal to the amount paid by each shareholder on his/her
existing fully paid equity shares of Rs. 100/- (Rupees hundred) each.
RESOLVED
FURTHER THAT the Board of directors of the company be and is hereby authorised
to take all the necessary steps for giving effect the
foregoing resolution, including recall of the existing share certificates,
issue of new share certificates in lieu of the existing issued share
certificates in terms of the foregoing resolutions and in accordance with
the applicable provisions of the Companies Act, 2013.
FURTHER THAT the Board of directors of the company be and is hereby authorised
to take all the necessary steps for giving effect the
foregoing resolution, including recall of the existing share certificates,
issue of new share certificates in lieu of the existing issued share
certificates in terms of the foregoing resolutions and in accordance with
the applicable provisions of the Companies Act, 2013.
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