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Create Your Shareholders Agreement

Avoid future founder disputes with a structured shareholders agreement.

Who this is for:

  • • For Private Limited companies
  • • 2–4 founders
  • • Early-stage / bootstrapped businesses

Why ₹2,499?

Typical lawyer drafting costs ₹10,000–₹25,000. This tool gives you a professionally structured agreement instantly.

✓Preview exactly what you'll download
✓No login. No data saved.
✓Instant PDF after payment

Fill in the details below to generate a professionally structured shareholders agreement. Preview updates in real-time.

Progress67% Complete (8/12)

Company Details

Must match with ROC registration

Optional but recommended - Corporate Identification Number

Shareholders Agreements are for Private Limited Companies only. For LLPs, use our LLP Partnership Agreement.

Shareholders Details

Total Shareholding: 0.00%

Must equal 100% to proceed

Shareholder 1

Shareholder 2

Share Capital Ownership

Total authorized share capital of the company (from Articles/MOA). This is the MAXIMUM you can issue.

Face value of each share (e.g., ₹10, ₹100). Common values: ₹5, ₹10, ₹100.

Total number of equity shares issued (must be whole number, no decimals). CRITICAL: Issued Shares × Face Value must equal Paid-up Capital.

MUST EQUAL: Issued Shares × Face Value Per Share. E.g., 100,000 shares × ₹10 = ₹10,00,000. BLOCKING VALIDATION: If this math fails, PDF cannot be generated.

Complete

Board Management Control

Reserved Matters (require board approval)

Complete

Voting Rights

How voting power is determined

Approval threshold for major decisions

Special Majority (75%) Required For

Select matters that require 75% shareholder approval

Complete

Share Transfer Restrictions

Whether share transfers are allowed

Existing shareholders have first right to buy shares

Minimum period before shares can be transferred

Complete

Tag-Along / Drag-Along Rights

Minority shareholders can sell when majority does

Percentage threshold to trigger tag-along rights

Majority can force minority to sell

Percentage threshold to trigger drag-along rights

Minimum price requirement for drag-along sale

Complete

Exit & Buyout Clauses

Exit Options (select applicable)

Number of days to complete payment after valuation agreement

Who funds the buyout?

Complete

Confidentiality & Non-Compete

Shareholders must maintain confidentiality

How long non-compete applies after exit

Prevent poaching of employees/clients

Complete

Deadlock & Dispute Resolution

How disagreements between shareholders are resolved

Where disputes will be resolved

Complete

Termination

Days required to provide termination notice

Termination Conditions (select applicable)

Signature Details

Enter witness names separated by commas

Note: Not suitable for listed companies or complex VC-negotiated agreements. For specialized cases, consult a lawyer.

Agreement Preview

SHAREHOLDERS AGREEMENT

Company Name

TABLE OF CONTENTS

  1. Definitions and Interpretation
  2. Company Details
  3. Shareholders Details
  4. Share Capital & Ownership
  5. Board & Management Control
  6. Voting Rights
  7. Share Transfer Restrictions
  8. Tag-Along & Drag-Along
  9. Exit & Buyout Clauses
  10. Confidentiality & Non-Compete
  11. Deadlock & Dispute Resolution
  12. Termination
  13. Execution & Signatures

1. DEFINITIONS AND INTERPRETATION

In this Agreement, unless the context otherwise requires, the following terms shall have the meanings set forth below:

"Agreement" means this Shareholders Agreement, including all schedules and attachments thereto.

"Board" means the Board of Directors of the Company.

"Company" means the company as stated in Schedule A, a Private Limited Company registered under the Companies Act, 2013.

"Shares" means equity shares of the Company, having such rights and obligations as are conferred and imposed by the Articles of Association and this Agreement.

"Shareholders" means the parties to this Agreement who are shareholders of the Company.

"Fair Market Value" means the price at which a share of the Company would change hands between a willing buyer and a willing seller, neither under any compulsion to buy or sell, and having reasonable knowledge of relevant facts.

"Reserved Matters" means those decisions requiring unanimous or special majority approval as specified in Section 5 of this Agreement.

"Deadlock" means a situation where the Board is unable to reach a decision on any matter due to equal division of voting power or inability to obtain the required majority.

2. COMPANY DETAILS

Company Name: N/A

CIN/Registration No.: N/A

Registered Address: N/A

Date of Agreement: N/A

Company Type: Private Limited Company

3. SHAREHOLDERS DETAILS

Shareholder 1: N/A

Email: N/A

Address: N/A

Shareholding: 0%

No. of Shares: 0

Role: Founder

Shareholder 2: N/A

Email: N/A

Address: N/A

Shareholding: 0%

No. of Shares: 0

Role: Founder

4. SHARE CAPITAL & OWNERSHIP

Authorized Share Capital: ₹0

Paid-up Share Capital: ₹0

Face Value per Share: ₹10

0

5. BOARD & MANAGEMENT CONTROL

Total Directors: 1

Director Appointment By: Majority shareholders

Board Quorum: 2 directors

Board Voting: Simple majority of directors present

6. VOTING RIGHTS

Voting Basis: One share = one vote

Decisions Require: Simple majority

7. SHARE TRANSFER RESTRICTIONS

Transfer Allowed: No

Right of First Refusal: No

Lock-in Period: 0 months

9. EXIT & BUYOUT CLAUSES

Valuation Method: Fair market value

Payment Timeline: 90 days from agreement on valuation

Funding Source: Company funds

10. CONFIDENTIALITY & NON-COMPETE

Confidentiality Clause: Yes

0

Non-Solicitation: No

11. DEADLOCK & DISPUTE RESOLUTION

Deadlock Resolution: Arbitration

Arbitration Location: New Delhi

Governing Law: India

12. TERMINATION

Notice Period: 30 days

⚠️ IMPORTANT DISCLAIMER & LEGAL NOTICE:

This Shareholders Agreement is generated based on user-provided inputs for general informational purposes. It is NOT a substitute for legal advice from a qualified lawyer. Before execution, all parties MUST:

  • Review this agreement with an independent legal professional licensed in India
  • Verify compliance with Companies Act, 2013, and applicable state laws
  • Ensure all capital structure details are mathematically correct
  • Understand all rights, obligations, and restrictions contained herein

The parties execute this agreement at their own risk and are solely responsible for legal compliance.

13. EXECUTION & SIGNATURES

In witness whereof, the parties hereto have set their hands to this Agreement on the date(s) and place(s) mentioned below. Each signatory confirms they have read and understood all terms of this Agreement and consent to be legally bound by them.

Place of Signing: N/A

Date of Signing: N/A

FOR AND ON BEHALF OF THE SHAREHOLDERS:

Shareholder 1

N/A

Role: Founder

Signature

Date: ______________

Shareholder 2

N/A

Role: Founder

Signature

Date: ______________

WITNESSED BY:

Witness 1

Signature

Date: ______________

Witness 2

Signature

Date: ______________

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