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It is necessary to convene a Board meeting by providing notice to Director to increase the authorized share capital of the company. At the Board meeting, it is necessary to obtain approval from the Board of Directors for increasing the authorized share capital. After this whole procedure, a date should be fixed to conduct an Extra-ordinary General meeting to obtain the approval of the shareholders for increasing the authorized share capital and make changes to the MOA of the Company.


A company may need to increase the authorized share capital before it is issuing new equity shares and increasing the paid-up capital.

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Benefit of Increase of Authorised Capital

Shareholders of a public limited company can transfer their shares with great ease. The shareholders can sell the shares and benefit from its liquidity. The process of transferring your share in other business structures is hugely tedious.
The most beneficial factor for a public limited company is the ability to raise capital. If a company is listed on a recognized stock exchange market, it has the ability to attract investors from hedge funds, mutual funds etc. All public limited companies can issue fixed deposits, debentures, convertible debentures to the general public.
When the company goes public, it gets listed in the stock exchange and hence automatically more people get to know about and its functions, hence the increased brand recognition will bring more business.
The liability of each shareholder or member is limited. This characteristic remains intact with this conversion. Their liability is limited to the extent of their shareholding. The individual or personal assets of shareholders or members are not at risk.

FAQ of Increase of Authorised Capital

It is the Ministry of Corporate Affairs and the Companies Act 2013.
Yes, every company has to get the compliance filings done even if there are no transactions.
LLP’s are required to get themselves audited when the turnover exceeds Rs. 40 lakhs during the financial year or the Capital Contribution exceeds Rs 25 lakhs.
By 30th May, in other words, within 60 days of the end of the financial year form 11 needs to be filed.
By 31st October, in other words, within 6 months from the end of the financial year form 8 needs to be filed.
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Excellent service, prompt response. Very professional approach to the entire process. Special thanks to Kirankumar sir who made it very easy for me

Nanak Bajaj

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I always had a great experience with VMC Group. It is since 7 years that I am getting all my Income tax, GST, LLP Compliance done through them

Vikrant Bodke

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VMC GROUP good services within a short period of time, employees excellently coordinate with clients Tq Manali and team for supporting

Amit Singh

Director

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Registration took just Three day to complete. Speed of execution is key to start new business and VMC Group understands the needs of

Atul Kargutkar

Director

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I have done my company registration at VMC GROUP along with TM and taken consultancy services for FDI. Services and guidance was

Divya Bajaj

Director

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I am very impressed with work delivery system of VMC Group & team. They're very much competent to guide any start Up in statutory...

Samir Shah

Proprietor

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Good company, good people give compliance related services in very professional way and delight customer by their services. i very much

Bhupendra Pathak

Director

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Highly supporting system for new business. Thank you VMC GROUP for providing every type of business related support to new in field

Prashant Mahadik

Proprietor

Member

Thank to all team members of VMC GROUP your customer support is really like Backbone... Special thanks to "Mr. Kirankumar" 

Amit Jethwa

Proprietor

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I appreciate your service and will surely recommend to my friends who are looking for registering their company. It was a excellent job

Dinesh Dewada

Proprietor

Member

Thanks for Helping in Registration of Company and Registration of GST. They Come Quickly Than Estimated Time

Rahul Kshirsagar

Director

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My notions were feeble to pay for online services before "VMC GROUP" experiences. However they utterly pay-off my each penny by their swift and

Shilpa Pasodi

Director

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Thank you VMC GROUP for all your help in registering my private limited company in Bangalore, very smooth and they made it very easy for me

Kaushik Patil

Director

Member

Very Good Service, Quick quality Work, Time completed, Low Cost Work, We be Happy

Raspal Singh Bawaje

Director

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Interacted with Mr. Kaushik Sir for filing my GST returns. He was very courteous, polite and quick-to-action. Thank you for you’re

Poonam Pranamik

Director

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Perfection, sincerity, on timing means VMC GROUP. Contacted several companies for my work online and offline but couldn't get anyone to

Sandeep Yedpal

Director

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Excellent services offered for Start up Firms and also for existing companies. Hope VMC Group opens up more offices in Tier II cities and

Shyam Josarfal

Director

Member

Good work done by Mr Kaushik Sir, he is more concerned about my work to be completed on time, loved his working

Mohan Dewada

Proprietor

Member

I am new at incorporation field but VMC GROUP helps me out & I would like to mention especially for Ms Pratibha Varia guided me all through the

Rohit Daveser

Director

Member

I was doubtful in the beginning to contact them for my work but they proved to be very professional and fast. I contacted VMC Group for Income tax & GST Refund

Vishal Shah

Proprietor

Member

Wonderful experience and a very professional bunch of people. To name some I have been recently dealing with Pratibha Varia, Manali

Sunny Sharma

Partner

Member

Wonderful experience. VMC Group is very professional and efficient. Its executives are very friendly and helpful. Manli who was handling

Vikas Valunj

Proprietor

Member

Professionalism at its best. Every employee in this company is so energetic and punctual. You can rely on this company for sure

Joaquim Thoras

CEO

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The staff is really praiseworthy. I would like to mention specially for Ms. Pratibha Varia guided me all through the process

Kashish Kanojia

Partner

Member

A good and professional company. I came to know about this company from Google. When I go through company profile, Enthical company with finest of Staff , Specially Pratibha Varia. She helped a lot throughout the process of registration and incorporation

Rohit Shah

Proprietor

Member

Extremely satisfied with the service. I came through this company in Google search. Initially I was hesitant about how would be the service

Suntosh Singh

Proprietor

Member

VMC Group made us very easy to deal with all documentation. Staff Manali guided all through the process. Over all a Good team. Keep it up, Pratibha Varia has been really efficient and quick in the process for KYC filing. Tremendous job. Keep up the good work. All the best

Amit Adwani

Director

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VMC Group truly committed to their statements .Their work is also very quick and on time and they even treat their customers in

Nishikant Namaye

Proprietor

Member

All the work of my company has been done by VMC Group employees for the last 3 years. I am satisfied with their work. I thank to Kaushik Sir

Mansukh Sarvi

Proprietor

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My first experience today and it was really a wonderful experience. Quick updates and follow ups considering the criticality of the work, I'm very happy with the services provided Ms Manisha walked me through some of the processing very patiently and kept regular updates. Thank you

Darshan Kaklotar

Proprietor

Member

Sonali is prompt and cooperative; i had a smooth experience in filing my annual returns and also during LLP establishment. I thank her and wish good luck :-)...

Subhash Bhagyawant

Partner

Member

All the work of my company has been done by VMC Group employees for the last 3 years. I am satisfied with their work. I thank to Pratibha Madam for the submission of my DIN KYC file

Mukesh Thomare

Director

Member

They provide the best service for business registration. Thank you so much Pratibha Madam for providing such a great and efficient assistance for my

Chadrashekhar Gawas

Partner

Member

I had a very pleasant experience with VMC Group. Thanks to Manali and Manisha who guided me step by step through the process

Ashwin Tendulkar

Director

Member

Excellent service, Very cooperative, Especially Kiran Sir way of talking and understanding your query is extremely nice. Thank you

Shashi Kumar

Director

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Excellent service, prompt response. Very professional approach to the entire process. Special thanks to Pratibha Mam who made it very easy for me

Arnab Chatterjee

Director

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VMC GROUP good services within a short period of time, employees excellently coordinate with a clients Tq Manli and team for supporting

Mallappa Reddy

Proprietor

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Registration took just 7 day to complete. Speed of execution is key to start new business and VMC Group understands the needs of Clients

Prashant Deshmukh

Director

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They are truly committed to their statements .Their work is also very quick and on time and they even treat their customers in a very polite

Rama Singh

Proprietor

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