What is Authorized Capital?

Authorized Capital (also called Nominal Capital) is the maximum amount of share capital that a company can issue to shareholders. It is mentioned in the Memorandum of Association (MOA).

When you need to issue more shares beyond the current authorized limit (for raising investment, allotting ESOPs, etc.), you must first increase the authorized capital.

When to Increase Capital?

Raising Investment

Issuing new shares to investors requires sufficient authorized capital.

ESOPs

Allocating shares to employees under stock option plans.

Convertible Notes

Converting debt instruments into equity shares.

Business Expansion

Infusing more capital for growth and expansion.

Process

1

Board Meeting

Pass board resolution to increase authorized capital.

2

Shareholders Meeting

Pass ordinary resolution in General Meeting (EGM/AGM).

3

File SH-7

File Form SH-7 with ROC within 30 days of resolution.

4

Updated MOA

Receive updated MOA reflecting new authorized capital.

Our Pricing

Government stamp duty varies by state and amount of increase. We'll calculate exact fees after consultation.