Process of splitting of shares:

Steps :
1. A request letter to the company together with the original share certificate for
splitting the share certificate according to his/ her requirement (format is attached
below)
2. Request letter should contain the Folio number, share certificate number, no of
shares holding, per share price.
3. Company shall proceed to organize a Board meeting for splitting of the share.
4. At Board meeting , pass resolution and authorize Director/ company secretary to
authenticate and sign the new share certificate.
5. After approval , company shall issue share certificate in lieu of original share
certificate.

Format of Request Letter for Splitting of Share Certificate

Date:
To
The Board of Directors
______________Limited
Address______________
Subject: Issue of Split share Certificates  
Ref: Folio No. : ______________
Dear Sir/ Madam,
I shareholder of M/s.______________  Limited having Folio No. ______________, request you to
split the share certificate bearing share certificate No. ______________comprising
of______________ Equity Shares of Rs.______________ – each, the details of which is mentioned
hereunder into two Share Certificates of______________ and ___________equity share(s)
respectively.

S.No Name of the  Ledger Folio No. Distinctive No. after New
. Shareholder of Shareholder Share Split Certificate
No.

From To

Share Certificate No. __of ___________ having distinctive no.: _______ into ________Certificates
 as per details below

1.

Please find herewith, the Share Certificate surrendered for splitting. Please do the
needful.
Yours faithfully,
___________
Address_________