diff --git a/src/app/pipes/status-lookup.pipe.ts b/src/app/pipes/status-lookup.pipe.ts
index 3d33704d8..877e256f6 100644
--- a/src/app/pipes/status-lookup.pipe.ts
+++ b/src/app/pipes/status-lookup.pipe.ts
@@ -42,7 +42,8 @@ export class StatusLookupPipe implements PipeTransform {
       'groupingStatusType.approved': 'status-approved',
       'smsCampaignStatus.active': 'status-active',
       'smsCampaignStatus.pending': 'status-pending',
-      'smsCampaignStatus.closed': 'status-closed'
+      'smsCampaignStatus.closed': 'status-closed',
+      'purchasedSharesStatusType.applied': 'status-pending'
     };
     return cssClassNameLookup[status];
   }
diff --git a/src/app/shares/shares-account-actions/apply-shares/apply-shares.component.ts b/src/app/shares/shares-account-actions/apply-shares/apply-shares.component.ts
index 761cf9ad9..4b4060d7c 100644
--- a/src/app/shares/shares-account-actions/apply-shares/apply-shares.component.ts
+++ b/src/app/shares/shares-account-actions/apply-shares/apply-shares.component.ts
@@ -1,5 +1,5 @@
 /** Angular Imports */
-import { Component, OnInit } from '@angular/core';
+import { Component, OnInit, Input } from '@angular/core';
 import { FormGroup, FormBuilder, Validators } from '@angular/forms';
 import { DatePipe } from '@angular/common';
 import { ActivatedRoute, Router } from '@angular/router';
@@ -17,6 +17,9 @@ import { SharesService } from 'app/shares/shares.service';
 })
 export class ApplySharesComponent implements OnInit {
 
+  /** Shares account data. */
+  @Input() sharesAccountData: any;
+
   /** Minimum date allowed. */
   minDate = new Date(2000, 0, 1);
   /** Maximum date allowed. */
@@ -48,9 +51,7 @@ export class ApplySharesComponent implements OnInit {
    */
   ngOnInit() {
     this.createApplySharesAccountForm();
-    this.sharesService.getSharesAccountData(this.accountId, false).subscribe((response: any) => {
-      this.applySharesForm.get('unitPrice').patchValue(response.currentMarketPrice || '');
-    });
+    this.applySharesForm.get('unitPrice').patchValue(this.sharesAccountData.currentMarketPrice || '');
   }
 
   /**
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.html b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.html
new file mode 100644
index 000000000..6fac16b9e
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.html
@@ -0,0 +1,8 @@
+<h1 mat-dialog-title>Approve Share</h1>
+<div mat-dialog-content>
+  <p>Are you sure you want to approve share with id: {{ data.shareId }} ?</p>
+</div>
+<mat-dialog-actions align="end">
+  <button mat-raised-button mat-dialog-close>Cancel</button>
+  <button mat-raised-button color="accent" [mat-dialog-close]="{ approve: true }">Confirm</button>
+</mat-dialog-actions>
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.scss b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.scss
new file mode 100644
index 000000000..e69de29bb
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.spec.ts b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.spec.ts
new file mode 100644
index 000000000..274cb211a
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.spec.ts
@@ -0,0 +1,25 @@
+import { async, ComponentFixture, TestBed } from '@angular/core/testing';
+
+import { ApproveShareDialogComponent } from './approve-share-dialog.component';
+
+describe('ApproveShareDialogComponent', () => {
+  let component: ApproveShareDialogComponent;
+  let fixture: ComponentFixture<ApproveShareDialogComponent>;
+
+  beforeEach(async(() => {
+    TestBed.configureTestingModule({
+      declarations: [ ApproveShareDialogComponent ]
+    })
+    .compileComponents();
+  }));
+
+  beforeEach(() => {
+    fixture = TestBed.createComponent(ApproveShareDialogComponent);
+    component = fixture.componentInstance;
+    fixture.detectChanges();
+  });
+
+  it('should create', () => {
+    expect(component).toBeTruthy();
+  });
+});
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.ts b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.ts
new file mode 100644
index 000000000..88cc5a2e2
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component.ts
@@ -0,0 +1,22 @@
+/** Angular Imports */
+import { Component, Inject } from '@angular/core';
+import { MatDialogRef, MAT_DIALOG_DATA } from '@angular/material';
+
+/**
+ * Approve share dialog component.
+ */
+@Component({
+  selector: 'mifosx-approve-share-dialog',
+  templateUrl: './approve-share-dialog.component.html',
+  styleUrls: ['./approve-share-dialog.component.scss']
+})
+export class ApproveShareDialogComponent {
+
+  /**
+   * @param {MatDialogRef} dialogRef Component reference to dialog.
+   * @param {any} data Provides a deleteContext.
+   */
+  constructor(public dialogRef: MatDialogRef<ApproveShareDialogComponent>,
+    @Inject(MAT_DIALOG_DATA) public data: any) { }
+
+}
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.html b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.html
new file mode 100644
index 000000000..cc0e4ae20
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.html
@@ -0,0 +1,48 @@
+<div class="container">
+
+  <div class="mat-elevation-z8">
+
+    <table #sharesTable mat-table [dataSource]="dataSource" matSort>
+
+      <ng-container matColumnDef="transactionDate">
+        <th mat-header-cell *matHeaderCellDef mat-sort-header> Transaction Date </th>
+        <td mat-cell *matCellDef="let share"> {{ share.purchasedDate | date }}</td>
+      </ng-container>
+
+      <ng-container matColumnDef="totalShares">
+        <th mat-header-cell *matHeaderCellDef mat-sort-header> Total Shares </th>
+        <td mat-cell *matCellDef="let share"> {{ share.numberOfShares }} </td>
+      </ng-container>
+
+      <ng-container matColumnDef="redeemedPrice">
+        <th mat-header-cell *matHeaderCellDef mat-sort-header> Purchased/Redeemed Price </th>
+        <td mat-cell *matCellDef="let share"> {{ share.purchasedPrice }} </td>
+      </ng-container>
+
+      <ng-container matColumnDef="status">
+        <th mat-header-cell *matHeaderCellDef> Status </th>
+        <td mat-cell *matCellDef="let share">
+          <i class="fa fa-stop" [ngClass]="share.status.code|statusLookup" [matTooltip]="share.status.value"></i>
+        </td>
+      </ng-container>
+
+      <ng-container matColumnDef="approve">
+        <th mat-header-cell *matHeaderCellDef mat-sort-header> Confirm Approve </th>
+        <td mat-cell *matCellDef="let share">
+          <button class="share-action-button" mat-raised-button color="accent" matTooltip="Approve Share"
+            (click)="approve(share.id)">
+            <i class="fa fa-check"></i>
+          </button>
+        </td>
+      </ng-container>
+
+      <tr mat-header-row *matHeaderRowDef="displayedColumns"></tr>
+      <tr mat-row *matRowDef="let row; columns: displayedColumns;"></tr>
+
+    </table>
+
+    <mat-paginator [pageSizeOptions]="[10, 25, 50, 100]" showFirstLastButtons></mat-paginator>
+
+  </div>
+
+</div>
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.scss b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.scss
new file mode 100644
index 000000000..573287fc3
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.scss
@@ -0,0 +1,12 @@
+table {
+  width: 100%;
+  i:hover {
+    cursor: pointer;
+  }
+  .share-action-button{
+    min-width: 26px;
+    padding: 0 6px;
+    margin: 4px;
+    line-height: 25px;
+  }
+}
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.spec.ts b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.spec.ts
new file mode 100644
index 000000000..960ba8b4a
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.spec.ts
@@ -0,0 +1,25 @@
+import { async, ComponentFixture, TestBed } from '@angular/core/testing';
+
+import { ApproveSharesComponent } from './approve-shares.component';
+
+describe('ApproveSharesComponent', () => {
+  let component: ApproveSharesComponent;
+  let fixture: ComponentFixture<ApproveSharesComponent>;
+
+  beforeEach(async(() => {
+    TestBed.configureTestingModule({
+      declarations: [ ApproveSharesComponent ]
+    })
+    .compileComponents();
+  }));
+
+  beforeEach(() => {
+    fixture = TestBed.createComponent(ApproveSharesComponent);
+    component = fixture.componentInstance;
+    fixture.detectChanges();
+  });
+
+  it('should create', () => {
+    expect(component).toBeTruthy();
+  });
+});
diff --git a/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.ts b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.ts
new file mode 100644
index 000000000..536b1b821
--- /dev/null
+++ b/src/app/shares/shares-account-actions/approve-shares/approve-shares.component.ts
@@ -0,0 +1,97 @@
+/** Angular Imports */
+import { Component, OnInit, ViewChild, Input } from '@angular/core';
+import { MatTableDataSource, MatPaginator, MatSort } from '@angular/material';
+import { ActivatedRoute } from '@angular/router';
+import { MatDialog, MatTable } from '@angular/material';
+
+/** Custom Dialogs */
+import { ApproveShareDialogComponent } from './approve-share-dialog/approve-share-dialog.component';
+
+/** Custom Serices */
+import { SharesService } from 'app/shares/shares.service';
+
+/**
+ * Approve shares component.
+ */
+@Component({
+  selector: 'mifosx-approve-shares',
+  templateUrl: './approve-shares.component.html',
+  styleUrls: ['./approve-shares.component.scss']
+})
+export class ApproveSharesComponent implements OnInit {
+
+  /** Shares account data. */
+  @Input() sharesAccountData: any;
+
+  /** Shares account Id */
+  accountId: any;
+  /** Shares account data. */
+  sharesData: any[];
+  /** Columns to be displayed in shares table. */
+  displayedColumns: string[] = ['transactionDate', 'totalShares', 'redeemedPrice', 'status', 'approve'];
+  /** Data source for shares table. */
+  dataSource: MatTableDataSource<any>;
+
+  /** Paginator for shares table. */
+  @ViewChild(MatPaginator) paginator: MatPaginator;
+  /** Sorter for shares table. */
+  @ViewChild(MatSort) sort: MatSort;
+  /** Shares table reference */
+  @ViewChild('sharesTable') sharesTableRef: MatTable<Element>;
+
+  /**
+   * @param {SharesService} sharesService Shares Service
+   */
+  constructor(private sharesService: SharesService,
+              private route: ActivatedRoute,
+              public dialog: MatDialog) {
+    this.accountId = this.route.parent.snapshot.params['shareAccountId'];
+  }
+
+  /**
+   * Sets the shares table.
+   */
+  ngOnInit() {
+    this.sharesData = this.sharesAccountData.purchasedShares
+    .filter((share: any) => share.status.value === 'Pending Approval');
+    this.setShares();
+  }
+
+  /**
+   * Initializes the data source, paginator and sorter for shares table.
+   */
+  setShares() {
+    this.dataSource = new MatTableDataSource(this.sharesData);
+    this.dataSource.paginator = this.paginator;
+    this.dataSource.sort = this.sort;
+  }
+
+  /**
+   * Approves a share
+   * @param {any} id Share Id
+   */
+  approve(id: any) {
+    const approveSharesDialogRef = this.dialog.open(ApproveShareDialogComponent, {
+      data: { shareId: id }
+    });
+    approveSharesDialogRef.afterClosed().subscribe((response: any) => {
+      if (response.approve) {
+        const locale = 'en';
+        const dateFormat = 'dd MMMM yyyy';
+        const data = {
+          requestedShares: [{id}],
+          dateFormat,
+          locale
+        };
+        this.sharesService.executeSharesAccountCommand(this.accountId, 'approveadditionalshares', data).subscribe(() => {
+          const share = this.sharesData.find(element => element.id === id);
+          const index = this.sharesData.indexOf(share);
+          this.sharesData.splice(index, 1);
+          this.dataSource.data = this.sharesData;
+          this.sharesTableRef.renderRows();
+        });
+      }
+    });
+  }
+
+}
diff --git a/src/app/shares/shares-account-actions/redeem-shares/redeem-shares.component.ts b/src/app/shares/shares-account-actions/redeem-shares/redeem-shares.component.ts
index 77d1bbefb..b03c1b920 100644
--- a/src/app/shares/shares-account-actions/redeem-shares/redeem-shares.component.ts
+++ b/src/app/shares/shares-account-actions/redeem-shares/redeem-shares.component.ts
@@ -1,5 +1,5 @@
 /** Angular Imports */
-import { Component, OnInit } from '@angular/core';
+import { Component, OnInit, Input } from '@angular/core';
 import { FormGroup, FormBuilder, Validators } from '@angular/forms';
 import { DatePipe } from '@angular/common';
 import { ActivatedRoute, Router } from '@angular/router';
@@ -17,6 +17,9 @@ import { SharesService } from 'app/shares/shares.service';
 })
 export class RedeemSharesComponent implements OnInit {
 
+  /** Shares account data. */
+  @Input() sharesAccountData: any;
+
   /** Minimum date allowed. */
   minDate = new Date(2000, 0, 1);
   /** Maximum date allowed. */
@@ -48,9 +51,7 @@ export class RedeemSharesComponent implements OnInit {
    */
   ngOnInit() {
     this.createRedeemSharesAccountForm();
-    this.sharesService.getSharesAccountData(this.accountId, false).subscribe((response: any) => {
-      this.redeemSharesForm.get('unitPrice').patchValue(response.currentMarketPrice || '');
-    });
+    this.redeemSharesForm.get('unitPrice').patchValue(this.sharesAccountData.currentMarketPrice || '');
   }
 
   /**
diff --git a/src/app/shares/shares-account-actions/shares-account-actions.component.html b/src/app/shares/shares-account-actions/shares-account-actions.component.html
index 01b31ba19..6ea0ee447 100644
--- a/src/app/shares/shares-account-actions/shares-account-actions.component.html
+++ b/src/app/shares/shares-account-actions/shares-account-actions.component.html
@@ -3,5 +3,6 @@
 <mifosx-close-shares-account *ngIf="actions['Close']"></mifosx-close-shares-account>
 <mifosx-activate-shares-account *ngIf="actions['Activate']"></mifosx-activate-shares-account>
 <mifosx-undo-approval-shares-account *ngIf="actions['Undo Approval']"></mifosx-undo-approval-shares-account>
-<mifosx-apply-shares *ngIf="actions['Apply Additional Shares']"></mifosx-apply-shares>
-<mifosx-redeem-shares *ngIf="actions['Redeem Shares']"></mifosx-redeem-shares>
\ No newline at end of file
+<mifosx-apply-shares [sharesAccountData]="sharesAccountData" *ngIf="actions['Apply Additional Shares']"></mifosx-apply-shares>
+<mifosx-redeem-shares [sharesAccountData]="sharesAccountData" *ngIf="actions['Redeem Shares']"></mifosx-redeem-shares>
+<mifosx-approve-shares [sharesAccountData]="sharesAccountData" *ngIf="actions['Approve Additional Shares']"></mifosx-approve-shares>
\ No newline at end of file
diff --git a/src/app/shares/shares-account-actions/shares-account-actions.component.ts b/src/app/shares/shares-account-actions/shares-account-actions.component.ts
index 70bbbdf05..a7166808a 100644
--- a/src/app/shares/shares-account-actions/shares-account-actions.component.ts
+++ b/src/app/shares/shares-account-actions/shares-account-actions.component.ts
@@ -2,6 +2,9 @@
 import { Component } from '@angular/core';
 import { ActivatedRoute } from '@angular/router';
 
+/** Custom Services */
+import { SharesService } from '../shares.service';
+
 /**
  * Shares Account Actions Component
  */
@@ -36,9 +39,14 @@ export class SharesAccountActionsComponent {
   /**
    * @param {ActivatedRoute} route Activated Route
    */
-  constructor(private route: ActivatedRoute) {
+  constructor(private route: ActivatedRoute,
+              private sharesService: SharesService) {
     const name = this.route.snapshot.params['name'];
-    this.actions[name] = true;
+    const accountId = this.route.parent.snapshot.params['shareAccountId'];
+    this.sharesService.getSharesAccountData(accountId, false).subscribe((response: any) => {
+      this.sharesAccountData = response;
+      this.actions[name] = true;
+    });
   }
 
 }
diff --git a/src/app/shares/shares-account-view/shares-account-view.component.ts b/src/app/shares/shares-account-view/shares-account-view.component.ts
index 52a1b83a3..c104dac19 100644
--- a/src/app/shares/shares-account-view/shares-account-view.component.ts
+++ b/src/app/shares/shares-account-view/shares-account-view.component.ts
@@ -89,6 +89,7 @@ export class SharesAccountViewComponent implements OnInit {
       case 'Undo Approval':
       case 'Apply Additional Shares':
       case 'Redeem Shares':
+      case 'Approve Additional Shares':
         this.router.navigate([`actions/${name}`], { relativeTo: this.route });
         break;
       case 'Modify Application':
@@ -104,10 +105,10 @@ export class SharesAccountViewComponent implements OnInit {
    * Deletes Shares Account.
    */
   private deleteSharesAccount() {
-    const deleteCurrencyDialogRef = this.dialog.open(DeleteDialogComponent, {
+    const deleteSharesAccountDialogRef = this.dialog.open(DeleteDialogComponent, {
       data: { deleteContext: `shares account with id: ${this.sharesAccountData.id}` }
     });
-    deleteCurrencyDialogRef.afterClosed().subscribe((response: any) => {
+    deleteSharesAccountDialogRef.afterClosed().subscribe((response: any) => {
       if (response.delete) {
         this.sharesService.deleteSharesAccount(this.sharesAccountData.id).subscribe(() => {
           this.router.navigate(['../../'], { relativeTo: this.route });
diff --git a/src/app/shares/shares.module.ts b/src/app/shares/shares.module.ts
index 7240b3286..9538648eb 100644
--- a/src/app/shares/shares.module.ts
+++ b/src/app/shares/shares.module.ts
@@ -25,6 +25,8 @@ import { ActivateSharesAccountComponent } from './shares-account-actions/activat
 import { UndoApprovalSharesAccountComponent } from './shares-account-actions/undo-approval-shares-account/undo-approval-shares-account.component';
 import { ApplySharesComponent } from './shares-account-actions/apply-shares/apply-shares.component';
 import { RedeemSharesComponent } from './shares-account-actions/redeem-shares/redeem-shares.component';
+import { ApproveSharesComponent } from './shares-account-actions/approve-shares/approve-shares.component';
+import { ApproveShareDialogComponent } from './shares-account-actions/approve-shares/approve-share-dialog/approve-share-dialog.component';
 
 /**
  * Shares Module
@@ -56,8 +58,13 @@ import { RedeemSharesComponent } from './shares-account-actions/redeem-shares/re
     ActivateSharesAccountComponent,
     UndoApprovalSharesAccountComponent,
     ApplySharesComponent,
-    RedeemSharesComponent
+    RedeemSharesComponent,
+    ApproveSharesComponent,
+    ApproveShareDialogComponent
   ],
-  providers: [DatePipe]
+  providers: [DatePipe],
+  entryComponents: [
+    ApproveShareDialogComponent
+  ]
 })
 export class SharesModule { }