- Board resolution for increase
- Duly convened General Meeting where Ordinary resolution to this effect is
- Notification to CAC within 15 days of passing the resolution.
The following may be needed for the application to CAC;
- A printed copy of the resolution
- Statutory declaration verifying (that at least 25 percent of the shares have been paid up.
- Ad valorem Stamp duties payment on new shares.
- Payment of CAC Filing fee