The introduction of PAS-6 by the Ministry of Corporate Affairs in pursuance to the sub-rule (8) of rule 9A of the Companies (Prospectus and Allotment of Securities) Rules, 2014 which was amended vide Companies (Prospectus and Allotment of Securities)Third Amendment Rules,2019.
PAS-6 (Reconciliation of Share Capital Audit Report a half-yearly basis) which is used for reconciliation of the share capital audit report on the half –year basis.
1. Unlisted Public Companies.
2. Applicable with effect from July 15, 2020.
3. Form PAS-6 is a half yearly audit report on reconciliation of share capital which is to be signed by a PCS/PCA (Practicing Company Secretary / Chartered Accountant).
4. All information shall be furnished within 60 days from the end of each half year (30th September/31st March) for each ISIN separately.
5 .The Company shall immediately bring to the notice of the depositories any difference observed in its issued capital and the capital held in dematerialised form.
|S.No||Particulars||No. of Shares||Percentage of Total issued Capital|
|b||Held in Demarialised Form in CSDL|
|c||Held in Demarialised Form in NSDL|
|d||Held in Physical Form|
|e||Total No. of Share (b)+(c)+(d)|
1. Right Issue
2. Bonus Issue
3. Private Placement
7. Buy Back
8. Capital Reduction
10. Or any other
Details of No. of Shares and the fact whether intimated to NSDL/CDSL shall also be mentioned in the form PAS-6.
Note: All information shall be furnished for the half year ended 30th September and 31st March in every financial year for each ISIN separately.
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Author- CS Aakansha Negi and contracted at firstname.lastname@example.org