Members Resolution format for Approval for issue of shares by way of Bonus Issue

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE MEMBERS OF <> AT EXTRA ORDINARY GENRERAL MEETING HELD ON AT AT THE REGISTERED OFFICE OF THE COMPANY AT

Approval for issue of shares by way of Bonus Issue

“RESOLVED THAT in pursuance of Section 63 of the Companies Act, 2013 read with The Companies (Share Capital and Debenture) Rules, 2014 and on the recommendation of the Board, the approval of the members be and is hereby accorded to the Company to capitalize a sum of Rs. ………………………./- out of Rs…………………………/- standing to the credit of Securities Premium Account and to apply this sum of Rs. …………………………/- for paying in full at par ………………………… equity shares of Rs. …………………/- each in the capital of the company to be allotted and distributed as fully paid bonus shares to the holders of equity shares of Rs. …………………………/- each in the Company, whose names appear in the Register of Members of the Company on the date of allotment, in the ratio of 1:1 i.e., 1 shares of Rs. ……………./- for every one equity share held and that such new equity Shares so issued shall upon allotment have the same rights of voting as the existing equity shares and be treated for all other purposes pari-passu with the existing equity shares of the Company and that the equity shares so allotted during the financial year shall be entitled to dividend, if any, proportionately in the year of the allotment of these shares.

RESOLVED FURTHER THAT the Board of Directors be and is hereby authorize to take all steps to implement the above resolutions, finalize and take all actions in connections with the bonus issue and allotment of shares to the members and others where applicable”.

//Certified True Copy\\

For _______________________

____________

Director

DIN: ________

Address: ____________

Date:

Place: