Share Capital Increase
Rs.4,990.00
Plus Government Fee on Actual
The authorized capital of a Company determines the number of shares a Company can issue to its shareholders
The authorized capital of a Company determines the number of shares a Company can issue to its shareholders. An increase in authorized capital might be required for issuing new shares and/or inducting more capital into the Company. The initial authorized capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh. The authorized capital can be increased by the company at any time with shareholders’ approval and by paying an additional fee to the Registrar of Companies.
To begin the process for increasing authorized capital a resolution must be passed by the Board of Directors. In the Board Resolution, authorization must be provided for increasing the authorized capital of the company and making the necessary changes to the Memorandum of Association and Articles of Association of the company. TaxFino can help you easily increase the authorized capital of your company.
Benefits
Increase in Capital may be required in case of additional capital requirement for Company’s expansion
In case of additional investors in the Company, authorized capital needs to be increased. Thereafter additional shares can be issued in the Company to additional investors
The authorized capital of a company can be easily increased by passing a Board resolution and paying additional government fee
Eligibility
Any Company willing to issue additional capital to existing or new investors can increase Authorized Capital.
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