Board Meeting for Issuing Bonus Shares Format

Date : 27-04-2011

NOTICE

                                                                                                                             

Consequent upon the receipt of letter of intent by Securities and Exchange Commission, a notice is hereby given that the meeting of the Board of Directors of ................................ shall be held on the 5^th day of May, 2011 at 10.00 A.M at the registered office of the company to discuss and decide on the following Agenda:

1.      To take decision for allotment of 1 crore bonus share against the amount of retained earnings being approved by Securities and Exchange Commission

2.      Miscellaneous, (if any).

All the members of the Board of Directors of the company are hereby requested to attend the meeting positively.

(.............................................)

Managing Director

Copy to: All Directors.

                       

MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF ....................... HELD ON 5^th DAY OF MAY, 2011 AT 10:00 AM AT THE REGISTERED OFFICE OF THE COMPANY:

The following Directors were present in the Meeting:

1.      Mr. .......................................

2.      Mr. .......................................

3.      Mr. .......................................

4.      Mr. .......................................

5.      Mr. .......................................

At the start of the meeting the Managing Director took pleasure to inform the members of the approval of bonus share allotment against the amount of Retained Earnings appearing in the Balance Sheet as on 30-06-2010. He also noted that there now exist no barrier in allotment of bonus share and as such we can take necessary resolution for allotment of bonus share in the name of existing shareholders.

The members present opined in favour of Managing Director statement and ultimately decided to allot bonus share in the manner placed and discussed in the meeting.

The meeting then unanimously passed the following resolution :

1.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

2.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

3.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

4.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

5.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

6.      That ........................ share numbering from =..................= to =..................= being ...................% of existing holding be & hereby allotted and approved in the name of Mr. ..................................

7.      That Managing Director Mr. ...................................... be and hereby empowered to take necessary action regarding the above.

The meeting finding no other matter for discussion ended with a vote of thanks by the chair.

           

     (.........................................)

Chairman