Bonus Issue (S.63)
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
What if it’s filed late?
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.
What is the timeline for Bonus Issue (S.63)?
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 |
What are the steps, in order?
The 6 steps below run in order; the day counts show how long each one allows.
Pass Board Resolution
Board recommends bonus issue. Verify no default on deposits/debentures.
Pass Ordinary Resolution at GM
Members approve bonus issue at GM.
Fix Record Date & Allot
Fix record date, determine eligible shareholders, allot bonus shares.
File PAS-3 with ROC
File return of allotment within 15 days.
File MGT-14
File resolution with ROC.
File SH-6
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.
Common questions
How long does Bonus Issue (S.63) take?
About 126 days across 6 steps. The first step is: Pass Board Resolution.
Which MCA forms are filed for Bonus Issue (S.63)?
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.
What does it cost if PAS-3, MGT-14 and SH-6 are filed late?
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Can OnCompliance run Bonus Issue (S.63) for me?
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.