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NoticeMahanagar Gas Limited Mumbai Red. Off.: MEL House, Block No: G33, BandraKurla Complex, Sandra (E), Mumbai 400051 IN: L40200MH1995PLC088133 Tel No. +91 22 6678 5000 Fax: +91 22 2652 8925 Website:

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How to fill out reconciliation of share capital

01

Start by gathering all relevant documents related to the share capital, including the company's articles of incorporation, share certificates, and any other supporting documentation.

02

Review the company's financial statements to ensure accuracy and completeness of the information.

03

Verify the total number of authorized shares and compare it with the issued and outstanding shares.

04

Calculate the par value of each share and determine if there are any differences or irregularities.

05

Reconcile any discrepancies in the number of issued and outstanding shares by reviewing share transfer records and share issuance records.

06

Cross-check all share transactions with the company's shareholder register to ensure accuracy.

07

Calculate the total value of the share capital by multiplying the number of outstanding shares with their respective par values.

08

Prepare a reconciliation statement that outlines all the steps taken and the findings.

09

Obtain necessary approvals, signatures, and certifications for the reconciliation statement.

10

Keep a copy of the reconciliation statement in the company's records for future reference and audit purposes.

Who needs reconciliation of share capital?

01

Reconciliation of share capital is typically needed by companies, especially those that have issued shares or are planning to issue shares. This process helps ensure the accuracy of the company's share capital records, provides transparency to shareholders and stakeholders, and helps comply with legal and regulatory requirements.

02

Additionally, financial institutions, auditors, and regulatory bodies may also require companies to perform a reconciliation of share capital as part of their due diligence or auditing processes.

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What is reconciliation of share capital?

Reconciliation of share capital is the process of verifying and reconciling the total number of shares issued by a company with the number of shares outstanding.

Who is required to file reconciliation of share capital?

All companies that have issued shares are required to file reconciliation of share capital.

How to fill out reconciliation of share capital?

Reconciliation of share capital can be filled out by providing the total number of shares issued, the number of shares outstanding, and any changes in share capital during the reporting period.

What is the purpose of reconciliation of share capital?

The purpose of reconciliation of share capital is to ensure transparency and accuracy in the reporting of a company's share capital.

What information must be reported on reconciliation of share capital?

The information that must be reported on reconciliation of share capital includes the total number of shares issued, the number of shares outstanding, any changes in share capital, and any discrepancies in the share capital account.

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