S. No.

Particulars

1.

Prepare a list of persons (not exceeding 50 in each offer and not more than 200 in the aggregate financial year for each kind of security) to whom offer may be made.

2.

Prepare notice of board meeting along with draft resolution(s) to be passed in the board meeting.

3.

Convene board meeting and pass the necessary resolutions.

4.

Prepare draft minutes of the board meeting and circulate, within a period of fifteen days from the date of conclusion of that meeting, to all directors, by hand/speed post/registered post/courier/e-mail or by any recognised electronic means, for their comment(s).

5.

File e-Form MGT-14 regarding board resolution for issuance of shares on preferential basis in accordance with the prescribed provisions.

6.

Obtain Valuation Report from the Registered Valuer appointed by the company and the relevant date of the Valuation Report shall be at least 30 days prior to the date on which the general meeting of the company is scheduled to be held.

7.

Send notice of general meeting to all directors, shareholders, auditors, secretarial auditors and Debenture Trustee, if any, of the company at least 21 days before the date of general meeting.

8.

The explanatory statement annexed with the notice of general meeting will have disclosures as prescribed in the respective rules.

9.

Convene general meeting and pass special resolution for issuance of shares on preferential offer basis.

10.

Prepare draft minutes of shareholders’ meeting and for finalisation, send the draft minutes to the chairman of that meeting.

11.

File e-Form MGT-14 with the Registrar of Companies within 30 days of passing of special resolution along with explanatory statement.

12.

Prepare Private Placement Offer (Preferential Offer) cum application form.

13.

Prepare notice of board meeting along with draft resolution(s) to be passed in the board meeting.

14

Prepare draft minutes of the board meeting and circulate, within a period of fifteen days from the date of conclusion of that meeting, to all directors, by hand/speed post/registered post/courier/e-mail or by any recognised electronic means, for their comment(s).

15.

Send offer letter along with share application form to those persons, whose name and addresses are recorded by the company, to issue within 30 days from the date of recording the name of the persons and maintain record of preferential offer in prescribed Form.

16.

The Private Placement (Preferential Offer) letter shall be serially numbered.

17.

Prepare notice of board meeting along with draft resolution(s) to be passed in the board meeting in accordance with the provisions of Companies Act 2013 and Secretarial standards.

18.

Convene board meeting within 60 days of receipt of application money for passing of following resolutions:

• Allotment of shares on preferential basis.

• Authorisation to issue share certificates.

• Authorise to make necessary entries in the register of members.

• Filing of return of allotment in e-Form PAS-3.

19.

Prepare draft minutes of the board meeting and circulate, within a period of fifteen days from the date of conclusion of that meeting, to all directors, by hand/speed post/registered post/courier/e-mail or by any recognised electronic means, for their comment(s).

20

Prepare list of allottees for filing with the Registrar of Companies.

21.

File return of allotment in e-Form PAS-3 with the Registrar of Companies.