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# How to submit a total authorised share change to CIPC

_Estimated reading time: 1 minute and 40 seconds_

||| Either the directors or shareholders of a company may increase or decrease the number of authorised shares for a particular share class by amending the Memorandum of Incorporation (“MOI”) and filing a COR15.2 with the CIPC.


${youtube}[How to record a change in authorised shares](WbQls34-o_o)

If you haven’t [created a share class](https://support.infodocs.co.za/en/article/how-to-create-a-share-class-2umxzg/) yet, start off by clicking on the **Share Classes** tab, and then on **Create New Share Class**. In the box that opens up, select the date on which the share class was created, and fill in the rest of the details. Click on **Save** to continue.

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-04-at-11301_ptpft9.png)

You should now have the new share class visible in the **Share Classes** tab. 

From here, you can now increase or decrease the authorised shares according to the company’s historical records, in three easy steps.

**Step 1**: Navigate to the **Share Classes** tab once more, and under **Actions**, click on **Share Reorganisation**. In the box that opens up, click on **Change Authorised Shares**. Click on **Next** to continue.

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-04-at-12512_1n7ckcj.png)

**Step 2**: Select the Share Class that underwent a change of authorised shares, the date on which it happened, and manually enter the new total of authorised shares. Then, make sure to select the correct option (“_as resolved by directors_” or “_as resolved by shareholders_”).

Click **Next** to finalise the change.

![](https://storage.crisp.chat/users/helpdesk/website/d5b93bf079ae8000/screenshot-2023-04-04-at-12523_1caw57e.png)

**Step 3:** InfoDocs will automatically create an Ordinary Resolution authorising the change. Download and save the document, or find it in the [Template Library](https://support.infodocs.co.za/company/view-the-template-library/) under the [Documents tab](https://support.infodocs.co.za/company/the-documents-tab/) later.

![](https://storage.crisp.chat/users/helpdesk/website/229264dbee0db400/935f59a7-2909-49c5-944a-9cc009_o9zkzy.png)

**Please note:**

In order to finalise this transaction, you will need to submit the changes to CIPC and prepare signed copies of the following documents:

*   Ordinary Resolution (generated by InfoDocs upon completion of the transaction), certified and signed
*   A certified ID copy of the signatory
*   A certified ID copy of the applicant
*   A power of attorney if the change was effected by a representative
*   A board report in terms of Reg 31(7) of the Companies Act

For more information, see the [article written by the CIPC on the subject]([http://www.cipc.co.za/index.php/manage-your-business/manage-your-company/public-company/making-changes-your-companys-management-administration-and-governance/changes-company-share-capital/](http://www.cipc.co.za/index.php/manage-your-business/manage-your-company/public-company/making-changes-your-companys-management-administration-and-governance/changes-company-share-capital/))
