[ON THE LETTER HEAD OF THE COMPANY]
CERTIFIED TRUE EXTRACTS OF THE MINUTES OF MEETING OF BOARD OF DIRECTORS OF [NAME OF COMPANY] HELD ON [DATE] AT [TIME] AT [ADDRESS]
TO CONSIDER AND APPROVE ALLOTMENT OF SHARE IN RESPECT OF RIGHTS ISSUE UNDERTAKEN BY THE COMPANY
The Board was informed that pursuant to Rights offer of [Number] equity shares dated [Date of Rights Offer], the Company has received [Number of Share Applications] share applications for 100% subscripttion of right issue of [Number of Shares under Right Offer] equity shares of [Face Value] each, through direct application from shareholders and application through renounces, as per following details:
The share application money has been received from all the shareholders at the rate of [Face Value] with premium of [Amount of Premium] each shares aggregating to [Total Share application money received] in the Company’s account with [Name of Bank] Bank, [Branch].
|
Sl No. |
Name |
Total shares Entitlement Nos.) |
Total shares applied (Nos.) |
Number of share renounced |
Number of shares declined/ no response |
|
1 |
|
|
|
|
|
|
2 |
|
|
|
|
|
|
|
Total |
|
|
|
|
The Board was requested:
- To take note of the share renounced, shares declined as well as shares additionally applied etc. continue
