Issue bonus shares from free reserves / securities premium: Board + OR at GM. Bonus Issue (S.63) takes 6 steps over about 126 days and is filed with the ROC on PAS-3, MGT-14 and SH-6.
Last updated: 10 August 2026
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
6 steps over about 126 days, filing PAS-3, MGT-14 and SH-6 with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Pass Board Resolution | None | within 7 days |
| 2 | Pass Ordinary Resolution at GM | None | within 30 days |
| 3 | Fix Record Date & Allot | None | within 14 days |
| 4 | File PAS-3 with ROC | PAS-3 | within 15 days |
| 5 | File MGT-14 | MGT-14 | within 30 days |
| 6 | File SH-6 | SH-6 | within 30 days |
The 6 steps below run in order; the day counts show how long each one allows.
Board recommends bonus issue. Verify no default on deposits/debentures.
Members approve bonus issue at GM.
Fix record date, determine eligible shareholders, allot bonus shares.
File return of allotment within 15 days.
File resolution with ROC.
File notice of alteration of share capital.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 126 days across 6 steps. The first step is: Pass Board Resolution.
PAS-3, MGT-14 and SH-6. PAS-3 is the return of allotment filing under §39 of the Companies Act 2013. MGT-14 is the filing of resolutions filing under §117 of the Companies Act 2013.
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.