Board resolution, allotment on a rights issue
A single format from the Rights Issue pack. s.62(1)(a) · s.39 · Rule 12 PAS Rules.
- 2 pages
- 31
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, allotment on a rights issues.62(1)(a) · s.39 · Rule 12 PAS Rules
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
Extract from the minutes of the meeting of the Board of Directors of [Company Name] Private Limited held at [Place of the allotment board meeting] on [Date of the allotment board meeting] at [__:__ hrs]
ALLOTMENT OF EQUITY SHARES ON A RIGHTS BASIS
The Chairman informed the Board that pursuant to the resolution passed by the Board on [Date of the board meeting approving the rights issue], the letter of offer dated [Date of the letter of offer] was despatched to all the equity shareholders of the Company on [Date the letter of offer was despatched] and that the offer closed on [Date the offer closed]. He placed before the Board the register of applications, the acceptances and renunciations received, the bank statement evidencing receipt of the application money, and a statement of the shares not taken up.