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Change in Share Capital / Alteration of Capital
Seamless ROC compliance for restructuring your company’s capital base.
This is a key corporate compliance service because companies often need to restructure their capital for expansion, investor entry, or compliance purposes.
Why It Matters
A company's share capital defines its financial foundation. Under the Companies Act, 2013, any change in share capital requires approval from shareholders and filings with the Registrar of Companies (ROC).
Companies may alter share capital to:
- Increase authorised share capital for issuing new shares
- Consolidate or sub-divide shares to change denomination
- Convert shares (preference ? equity, etc.)
- Cancel unissued capital
- Issue bonus or rights shares to existing shareholders
Proper compliance ensures investor trust, ROC approval, and smooth funding execution, while non-compliance can block fundraising, corporate actions, and regulatory filings.
Our Services
- Increase in Authorised Share Capital - Filing Form SH-7, altering MOA & AOA
- Subdivision / Consolidation of Shares - Changing denomination of shares (e.g., 10 shares of ?10 into 1 share of ?100)
- Conversion of Shares - Preference to equity or vice versa, subject to approvals
- Cancellation of Unissued Capital - Cleaning up capital structure for compliance
- Issue of Bonus Shares / Rights Shares - Advisory, resolutions & ROC filings
- Board & Shareholder Resolution Drafting - Notices, explanatory statements, and resolutions
- ROC Filings & Approvals - Preparation and filing of MGT-14, SH-7, PAS-3, etc.
- Advisory on Capital Structuring - Investor-friendly structuring with compliance checks
Why Choose FinnovateAI?
- CA & CS-Led Team - Expertise in corporate law, ROC compliance, and investor advisory
- End-to-End Service - From resolutions ? filings ? approvals ? post-compliance updates
- Investor-Ready Compliance - Structuring aligned with fundraising and due diligence needs
- Pan-India ROC Execution - Expertise across all states & jurisdictions
- Strategic Advisory - Beyond compliance, practical structuring for long-term growth
Our Process
- Consultation - Assess purpose of capital alteration (fundraising, restructuring, bonus issue, etc.)
- Drafting & Resolutions - Prepare board/shareholder resolutions and MOA/AOA alteration (if needed)
- ROC Filing - File SH-7, MGT-14, PAS-3, and other relevant forms
- Approval & Certification - Obtain ROC approval and updated company master data
- Post-Approval Advisory - Update capital records in statutory registers and regulatory filings (ROC, GST, Income Tax, Banks, Investors)
Who Needs It?
- Startups & SMEs raising funds from new/existing investors
- Corporates issuing bonus or rights shares
- Companies restructuring share capital for compliance or strategy
- Businesses consolidating / sub-dividing shares for liquidity or investor preferences
- MNC subsidiaries aligning Indian capital structure with global policies
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