Private companies to issue dematerialised securities till extended date 30.06.2025

Relief to private companies for issue of dematerialised securities. Date extended to 30th June, 2025.”.

MINISTRY OF CORPORATE AFFAIRS

Notification 

New Delhi, the 12th February, 2025

G.S.R. 131(E).―In exercise of the powers conferred by section 26, sub-section (1) of section 27, section 28, section 29, sub-section (2) of section 31, sub-sections (3) and (4) of section 39, sub-section (6) of section 40 and section 42 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Prospectus and Allotment of Securities) Rules, 2014, namely:―

1. (1) These rules may be called the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2025.

(2) They shall come into force on the date of publication in the Official Gazette.

2. In the Companies (Prospectus and Allotment of Securities) Rules, 2014, in rule 9B, in sub-rule (2), after the proviso, the following proviso shall be inserted, namely: ―

“Provided further that a private company, other than a Producer company, which is not a small company as on 31st March, 2023, may comply with the provision of this sub-rule by 30th June, 2025.”.

[F. No. 1/21/2013-CL-V]

BALAMURUGAN D., Jt. Secy.

Explanatory Memorandum. ― It is hereby declared that by issuing the notification with retrospective effect, the interest of no person shall be adversely affected.

Note.―The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 251(E), dated the 31st March, 2014 and lastly amended vide notification G.S.R. 583(E), dated the 20th September, 2024.

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