Board resolution and ordinary resolution, consolidation of shares
A single format from the Sub-division, Consolidation and Cancellation pack. s.61(1)(b) with the proviso · s.64.
- 3 pages
- 27
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution and ordinary resolution, consolidation of sharess.61(1)(b) with the proviso · s.64
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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 [ABC Private Limited] held on [Date of the Board meeting]
CONSOLIDATION AND DIVISION OF THE EQUITY SHARE CAPITAL OF THE COMPANY
The Chairman informed the Board that it is expedient to consolidate and divide the existing equity shares of the Company of the nominal value of Rs [1] each into equity shares of the nominal value of Rs [Face value of each equity share after the change (Rs)] each, and that Article [Article of the Articles authorising consolidation] of the Articles of Association authorises the Company to consolidate and divide its share capital into shares of a larger amount than its existing shares.