The Ministry of Corporate Affairs has amended the Companies (Appointment & Qualification of Directors) Rules, 2014 to simplify the KYC compliance process for directors. Under the revised rule 12A, effective from 31 March 2026, directors will no longer need to complete annual KYC filings. Instead, an abridged KYC intimation will be required only once every three years.
The streamlined KYC form can also be used to update mobile numbers, email addresses, residential addresses, and to reactivate a Director Identification Number (DIN). Digital signature verification will only be necessary for updates involving contact details or address changes.
Directors who have already completed their KYC under the earlier annual requirement will next be due for compliance by 30 June 2028. Those who have not yet submitted KYC can still reactivate their DIN under the existing provisions until 31 March 2026.
🔗 Source: Official PIB Press Release