Rights Issue
The default route when the money is coming from people already on the cap table, cheaper and faster than a private placement, because s.42 never engages.
- 12 pages
- 171
- Word and PDF
- 12 September 2026
The 6 formats inside
- 1Board resolution, approving a rights issues.62(1)(a) · s.179(3)(c)On its own₹149
- 2Letter of offer, rights issues.62(1)(a) · s.62(2)On its own₹149
- 3Form of acceptance and renunciations.62(1)(a)(i) · s.62(1)(a)(ii)On its own₹149
- 4Consent of members to a shorter offer periodG.S.R. 464(E) dated 05.06.2015 · exemption to s.62(1)(a)(i) and s.62(2)On its own₹149
- 5Board resolution, allotment on a rights issues.62(1)(a) · s.39 · Rule 12 PAS RulesOn its own₹149
- 6List of allottees, annexure to PAS-3s.39(4) · Rule 12(1) PAS RulesOn its own₹149
Read the opening
The first part of “Board resolution, approving a rights issue”, 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 EQUITY SHARES ON A RIGHTS BASIS
The Chairman informed the Board that the Company requires further funds of approximately Rs [Funds required (Rs)] for [working capital / expansion of ______ / repayment of ______], and that it is proposed to raise the said amount by an issue of equity shares to the existing equity shareholders of the Company on a rights basis in proportion to the paid-up share capital held by them.