SH-7 (notice of alteration of share capital)
The notice a company files with the Registrar after it alters its share capital, has its authorised capital increased by a Government order, or redeems redeemable preference shares.
Alteration, increase or redemption
Counted from alteration of share capital under section 61(1), a Government order increasing authorised capital under section 62(4) read with 62(6), or redemption of redeemable preference shares
- MCA
- MCA event filings
- SH-7
- 2026-09-01
SH-7 is due within 30 days of the alteration, the increase or the redemption. Three separate events start the same clock: an alteration of share capital under section 61(1), a Government order under section 62(4) read with 62(6) that increases authorised capital, and the redemption of redeemable preference shares. The altered memorandum goes with the form.
Deadlines counted from an event
Within 30 days of the alteration, increase or redemption, under section 64(1), filed in Form SH-7 under rule 15 of the Share Capital and Debentures Rules together with the altered memorandum.
The rule
Within 30 days of the alteration, increase or redemption, under section 64(1), filed in Form SH-7 under rule 15 of the Share Capital and Debentures Rules together with the altered memorandum.
Who must comply
- Every company that alters its share capital in a manner specified in section 61(1)
- Every company whose authorised capital is increased by a Government order under section 62(4) read with section 62(6)
- Every company that redeems redeemable preference shares
- A company not having share capital that increases the number of its members, which rule 15 also brings into Form SH-7
Statutory basis
Before you file
- Pass the members' resolution that alters the share capital, or get the Government order, or complete the redemption.
- Prepare the altered memorandum of association.
- Confirm the date of the alteration, increase or redemption. This date starts the 30-day window.
How to file
- Log in to the MCA21 V3 portal as a business user.
- Open Form SH-7.
- Select the type of alteration.
- Enter the date of the alteration, increase or redemption.
- Enter the revised capital structure.
- Attach the altered memorandum of association.
- Attach the members' resolution or the Government order.
- Sign the form with the digital signature of an authorised signatory.
- Pay the filing fee.
- Submit the form within 30 days of the event.
If you miss it
Section 64(2) charges the company and every officer in default ₹1,000 for each day the default continues, capped at ₹5 lakh for the company and ₹1 lakh for an officer in default. This is a daily amount, so the cost of a forgotten SH-7 keeps rising until the form is filed.
- The Registrar's record of authorised and paid-up capital stays wrong until the notice is filed, which shows up in later filings and in due diligence on the company
Common questions
Does redeeming preference shares need an SH-7?
Yes. Section 64(1)(c) lists redemption of redeemable preference shares as a trigger in its own right, with the same 30-day window as an alteration of capital.
Which portal handles SH-7?
MCA21 V3. SH-7 moved across in the second migration tranche, live from 23 January 2023, and the form itself was substituted by an MCA notification of 21 January 2023.