Board resolution, conversion of warrants and allotment of equity shares
A single format from the Share Warrants and Partly Paid Shares pack. s.42 · s.62(1)(c) · Rule 2(k) FEM (NDI) Rules 2019.
- 2 pages
- 30
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, conversion of warrants and allotment of equity sharess.42 · s.62(1)(c) · Rule 2(k) FEM (NDI) Rules 2019
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] on [Date of the board meeting allotting shares on exercise] at [__:__ hrs]
EXERCISE OF SHARE WARRANTS AND ALLOTMENT OF EQUITY SHARES ON CONVERSION
The Chairman informed the Board that [Name of the warrant holder], the holder of [Number of warrants held by the holder] share warrants of the Company allotted on [Date of allotment of the warrants] under warrant certificate no. [W-____], has by notice of exercise dated [Date of the holder's notice of exercise] exercised [Number of warrants exercised] warrants and has remitted the balance consideration of Rs [Balance consideration received on exercise (Rs)] at Rs [Balance payable per warrant on exercise (Rs)] per warrant, received on [Date the balance consideration was received] under UTR [UTR number of the balance payment] through banking channels.