Board resolution, issue of share warrants with the terms
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.
- 3 pages
- 27
- Word and PDF
- 12 September 2026
What it covers
- 1Board resolution, issue of share warrants with the termss.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 of the board meeting] on [Date of the board meeting] at [__:__ hrs]
ISSUE OF SHARE WARRANTS CONVERTIBLE INTO EQUITY SHARES ON A PRIVATE PLACEMENT AND PREFERENTIAL BASIS
The Chairman informed the Board that the Company proposes to issue [Number of share warrants to be issued] share warrants, each carrying the right to subscribe to one equity share of the face value of Rs [Face value of the equity share each warrant converts to (Rs)], to the identified persons named in the list placed before the Board, and placed before the Board the valuation report dated [Date of the valuation report] of [Registered Valuer's name], Registered Valuer (IBBI Registration No. [Registered Valuer's IBBI registration number]) and the Rule 21 pricing certificate dated [Date of the Rule 21 pricing certificate] of [Name of the pricing certifier], [Chartered Accountant / SEBI-registered Merchant Banker / practising Cost Accountant].