A Resolution for the issue of equity shares at a premium to be offered to existing shareholders on a rights basis and to the employees of the company is a formal document that is used to authorize the issuance of new equity shares by a company. This resolution is typically passed by the shareholders of the company at a meeting of the shareholders, such as the annual general meeting or a special general meeting.

The resolution includes the details of the proposed issuance of shares, including the number of shares to be issued, the price of the shares, the terms of the rights issue, and the conditions for the employees to participate in the offering.

When a company issues equity shares at a premium, it means that the shares are being issued at a price higher than their face value. This can be done to raise capital for the company, or to provide existing shareholders with an opportunity to purchase additional shares at a favorable price.

The rights issue is an offering of shares to existing shareholders in proportion to their existing shareholding, allowing them to maintain their proportionate ownership in the company.

Offering equity shares to employees of the company is a way for companies to incentivize and retain their employees, as well as it can be a way for employees to become shareholders in the company, therefore aligning their interests with the company's success.

It's important to note that this resolution must comply with the laws and regulations of the country where the company is registered.

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