Share Issue [Resolution]

Issuing new shares in your Sri Lankan company? This Share Issue Resolution template gives you the board resolution needed to formally approve and document the issue of shares, ready for your company’s records.

Who this template is for

Directors and company secretaries of a Private Limited Liability Company in Sri Lanka managing a new share issue.

Details required for insertion

• Name of the company
• Company number
• Names of the shareholders
• Number of shares already issued
• Number of shares issuing
• Consideration
• Value per share
• Names of the directors as per the latest Form 20

Template information

This template is created in Microsoft Word (.docx) and is easily editable. Simply insert your company’s details and it’s ready to use.

Related reading

Once your share issue is approved, you’ll likely need a Share Certificate for the new shareholder, and if shares later change hands, our Share Transfer Agreement template covers that process.

Share issues in Sri Lanka are governed by the official Companies Act No. 7 of 2007.