Board resolution, approving a private placement and the list of identified persons
A single format from the Private Placement and Preferential Allotment pack. s.42 · Rule 14 PAS Rules · s.62(1)(c) · Rule 13 SC&D Rules.
- 3 pages
- 55
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, approving a private placement and the list of identified personss.42 · Rule 14 PAS Rules · s.62(1)(c) · Rule 13 SC&D 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 board meeting] on [Date of the board meeting] at [Time of the board meeting]
ISSUE OF [EQUITY SHARES / COMPULSORILY CONVERTIBLE PREFERENCE SHARES] ON A PRIVATE PLACEMENT AND PREFERENTIAL BASIS
The Chairman informed the Board that the Company proposes to raise up to Rs [Total amount to be raised (Rs)] by the issue of [Maximum number of securities to be issued] [equity shares / compulsorily convertible preference shares] of the face value of Rs [Face value of each security (Rs)] each on a private placement and preferential basis to the identified persons named in the list placed before the Board.
The Chairman placed before the Board: