[Letterhead of Company]
CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF
THE BOARD OF DIRECTORS OF __________________________________ (Company
name) HELD AT THE REGISTERED OFFICE OF THE COMPANY AT
_______________________________________________________ (Registered office address)
ON ________________________ (Date), ___________________ (Month), _______________
(Year) at ______________ (Time).
“RESOLVED THAT, ____________________________ [“Company Name”] is authorized to
invest into shares, mutual funds, stocks, bonds and securities.”
“RESOLVED THAT, _______________________________ [“Company Name”] shall be
registered as a client with Zerodha Commodities Private Limited, being a member of MCX
(Membership no. 46025), NCDEX (Membership no. 1138), and having SEBI registration
number INZ000038238.”
“RESOLVED THAT, ______________________ [“Company Name”] shall open a demat
account with Zerodha Securities Private Limited, which uses CDSL as the Depository, having
SEBI Registration Number INZ000038238.”
“RESOLVED THAT, ____________________________ [“Company Name”] be registered as
a client and open a trading account with Zerodha, a broking entity and having membership with
NSE & BSE, with SEBI Registration number INZ000031633.”
“RESOLVED FURTHER THAT Zerodha, Zerodha Securities Pvt. Ltd. and Zerodha
Commodities Pvt Ltd be and is hereby authorized to honor instructions, oral or written; given on
behalf of the Company by any of the under noted Authorized Signatories who is/are authorized
to sell, purchase, transfer, endorse, negotiate documents and/or otherwise deal in securities
and/or derivatives and/or commodities jointly or severally.
S.No. Name of Authorized Signatory Specimen Signature
(Please do not put seal)
3
“RESOLVED FURTHER THAT, the above named Authorized Signatories are hereby
authorized severally or jointly, to sign, execute and submit all such forms, applications,
undertakings, instructions, authorizations and other requisite documents, writings and deeds as
may be deemed necessary or expedient to open, close and operate the said account and give
effect to this resolution.”
“RESOLVED FURTHER THAT, the above named Authorized Signatories shall be, severally
or jointly, authorized to submit, sign and execute all such forms, applications, undertakings,
authorizations and documents deemed necessary for the KYC application with an appropriate
KRA.”
“RESOLVED FURTHER THAT the above named Authorized Signatories be and are hereby
authorized jointly or severally to furnish the certified true copy of the extract of the Board
Resolution to Zerodha/Zerodha Securities Pvt Ltd/Zerodha Commodities Pvt Ltd or wherever
required.”
“RESOLVED FURTHER THAT the above named Authorized Signatories can issue cheques
or authorize payments from the bank account of The Company to credit money into the trading,
demat and commodities account of the Company held with Zerodha AND Zerodha Securities Pvt
Ltd AND Zerodha Commodities Pvt Ltd., the trading member, even though his/her signature(’s)
may not be available on the records of Zerodha OR Zerodha Securities Pvt Ltd OR Zerodha
Commodities Pvt Ltd.”
For _______________________ [“Company Name”]
Signature: Signature:
Name: Name:
Designation: Designation:
*Note: At least 2 Directors should sign this Board Resolution for approval of the same
