Template · 13-page template

Shareholder Agreement of Company (Sample SHA Template)

Startup India (Invest India, DPIIT) · Startup India Free Intermediate India

This is the government's own sample SHA, published on the official Startup India (DPIIT) templates page alongside term sheets and founder agreements, so it is a durable, no-cost drafting starting point that already reflects Indian company-law structure. Its drag-along clause, for instance, spells out the 30-day notice mechanics you would otherwise pay a lawyer to draft from scratch. Draft from this, then pay a lawyer once to make it real for your cap table.

  • A free, government-published SHA sample you can open, edit, and take to a lawyer instead of paying to draft from a blank page
  • Includes the load-bearing exit clauses (drag-along with a 30-day notice period, tag-along, transfer restrictions) that a plain paper founders agreement omits
  • Sits on the official Startup India tools page with matching term-sheet and founder-agreement templates, so the whole early-stage document set comes from one trusted source
Open on startupindia.gov.in ↗

The question it answers

  1. Do I really need a lawyer and a formal shareholders agreement, or is a signed founders agreement on paper enough for now?

Read with it

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