Increase in Authorised Share Capital
Facilitate legal increase in a company's authorised capital to allow for issuing more shares. This is essential for raising additional funds or bringing in new investors.Plan Overview
Authorised share capital is the maximum amount of share capital that a company is legally allowed to issue. If a company needs to raise more funds through equity, it must first increase its authorised share capital. This change must be reflected in the company’s Memorandum of Association (MOA) and approved by shareholders.Services Included
2 directors and shareholders
Government Fees
Documents Required
Board Resolution for increase
Notice of General Meeting
Shareholders' Resolution (Ordinary Resolution)
Altered Memorandum of Association (MOA)
Altered Articles of Association (if required)
Form SH-7
Process
7-10 Days Estimate
Step 1
Board Meeting – Pass a resolution to propose an increase in authorised share capital and call a general meeting.
Step 2
Issue Notice – Send notice of the general meeting to all shareholders.
Step 3
Shareholders’ Approval – Pass an ordinary resolution in the general meeting.
Step 4
Alter MOA – Update the Capital Clause of the Memorandum of Association to reflect the new authorised capital.
Step 5
File Form SH-7 – Submit the resolution and updated MOA to the ROC within 30 days of passing the resolution.
Step 6
ROC Approval – On approval, the increased authorised capital will be recorded in the company’s master data.
Recommended For
Companies planning to expand operations by increasing share capital.
Review
Average Rating4.9