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Core Purpose

This notification amends Schedule VII to the Companies Act, 2013, by inserting a new item related to subscription to zero coupon zero principal instruments on Social Stock Exchange.

Detailed Summary

The Ministry of Corporate Affairs, through Notification G.S.R. 416(E) dated May 27, 2026, exercises powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), to make further amendments to Schedule VII of the said Act. The amendment inserts a new item "(xiii) Subscription to zero coupon zero principal instruments on Social Stock Exchange" after item (xii) and its related entries in Schedule VII. This notification comes into force on May 27, 2026, the date of its publication in the Official Gazette. Schedule VII was originally brought into force on April 1, 2014, and has been previously amended by notifications GSR 130(E) dated February 27, 2014, GSR 568(E) dated August 6, 2014, GSR 741(E) dated October 24, 2014, GSR 390(E) dated May 30, 2019, GSR 776(E) dated October 11, 2019, GSR 313(E) dated May 26, 2020, GSR 399(E) dated June 23, 2020, and GSR 525(E) dated August 24, 2020.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-29052026-272932 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 375] NEW DELHI, WEDNESDAY, MAY 27, 2026/JYAISHTHA 6, 1948 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th May, 2026 G.S.R. 416(E).— In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments in the Schedule VII to the said Act, namely:— In the said Schedule, after item (xii) and the entries relating thereto, the following item and entry shall be inserted, namely:- "(xiii) Subscription to zero coupon zero principal instruments on Social Stock Exchange." 2. This notification shall come into force on the date of its publication in the Official Gazette. [e-F. No. CSR-10/13/2025-CSR-MCA] RAHUL JAIN, Jt. Secy. Note. -The Schedule VII was brought into force with effect from 1st April, 2014 and was subsequently amended vide notification number GSR 130(E), dated the 27th February, 2014, GSR 568(E), dated the 6th August, 2014, GSR 741(E), dated 24th the October, 2014, GSR 390(E), dated the 30th May, 2019, GSR 776(E), dated the 11th October, 2019, GSR 313(E), dated the 26th May, 2020, GSR 399(E), dated the 23rd June, 2020 and GSR 525(E), dated the 24th August, 2020.

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