MCA Form Guide
SH-7 — Alteration of Share Capital
Quick answer: Filed to record any alteration to the share capital — including increase of authorised share capital, subdivision, consolidation, conversion of shares into stock, and cancellation of unissued capital. Within 30 days of passing the ordinary or special resolution under Section 61. ₹100/day. Late SH-7 delays the ability to make fresh allotments above the authorised capital.
Quick answer
Capital filings tend to follow share issuances, changes in structure, or the company’s first post-incorporation steps. They matter because cap table accuracy affects everything else downstream. Companies passing a shareholders' resolution under Section 61 to alter share capital — most commonly to increase authorised capital before a new funding round. For most founders, the fastest way to stay compliant is to map the filing trigger, gather the documents once, and then submit with the correct digital sign-off.
Who must file
Companies passing a shareholders' resolution under Section 61 to alter share capital — most commonly to increase authorised capital before a new funding round.
When to file
Within 30 days of passing the ordinary or special resolution under Section 61.
Penalty note
₹100/day. Late SH-7 delays the ability to make fresh allotments above the authorised capital.
Filing portal
MCA portal at the official government filing system.
Evidence checklist
Shareholder approvals, allotment evidence, and capital structure records are usually needed before you file.
How to file
- 1
Confirm whether SH-7 is the correct filing for the event you are handling and that it matches the capital filing trigger.
- 2
Collect the supporting records that match SH-7: Shareholder approvals, allotment evidence, and capital structure records are usually needed before you file.
- 3
Prepare the form in the MCA portal, validate the entries against the company records, and make any final corrections before signing.
- 4
Upload the signed form, pay the applicable fee, and save the SRN and acknowledgement for audit tracking.
- 5
Store the filing evidence with your statutory records so the next cycle is faster and easier to review.
What this form is used for
Filed to record any alteration to the share capital — including increase of authorised share capital, subdivision, consolidation, conversion of shares into stock, and cancellation of unissued capital. Capital filings tend to follow share issuances, changes in structure, or the company’s first post-incorporation steps. They matter because cap table accuracy affects everything else downstream. The purpose is usually either annual disclosure, a one-off event filing, or a statutory update tied to corporate records or regulatory reporting.
FAQ and compliance context
Who usually files SH-7?
Companies passing a shareholders' resolution under Section 61 to alter share capital — most commonly to increase authorised capital before a new funding round.
What is the deadline for SH-7?
Within 30 days of passing the ordinary or special resolution under Section 61.
What happens if SH-7 is filed late?
₹100/day. Late SH-7 delays the ability to make fresh allotments above the authorised capital.
Can the filing be tracked after submission?
Yes. Keep the SRN, acknowledgement, and final uploaded PDF in your records for audit and ROC follow-up.
Is SH-7 a one-time or recurring filing?
This is a recurring filing — it must be filed every year (or every half-year / quarter, as specified) as long as the company remains in existence and meets the applicability criteria.
Which law or rule requires SH-7?
Section 61, Companies Act 2013; Rule 15, Companies (Share Capital and Debentures) Rules 2014
Why this one matters
Open this guide whenever the shareholding stack changes, because fixing capital records later is slower and more expensive.
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