PAS-6 Reconciliation of Share Capital Audit Report

E-form PAS-6 is concerned with the filing of the reconciliation of the share capital audit report on a half-year basis of unlisted public companies.

The objective of this audit report is to identify any difference observed in the issued capital and the capital held in dematerialized form of a public company.

It is to report the details and changes in the share capital during the half-year in the form of a bonus issue, rights issue, ESOPs, private placement, conversion, amalgamation, capital reduction, buyback, forfeiture and others.

Applicability of the Form PAS-6

As per Rule 9A of the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 applies to all unlisted public companies

Every unlisted public company must:

1. Issue securities only in dematerialized form.
2. Facilitate dematerialization of all its existing securities.

Non applicability: However, the following unlisted public companies need not file from PAS-6:

1. NIDHI COMPANY
2. GOVERNMENT COMPANY
3. WHOLLY OWNED SUBSIDIARY

Due Dates to File Form PAS-6

Every unlisted company must file Form PAS-6 with the ROC within 60 days from the conclusion of the half-year.

Details to be included in PAS-6:

1. Details of Capital of the Company.

2. Details of changes in share capital during the half year under consideration.

3. Details of shares held by Promoters, Directors and KMPs.

4. Details of Demat Request