含羞草社区 Ministry of Corporate Affairs (MCA) has the mandatory know-your-customer (KYC) requirements for company directors, changing it from annually to once every three years and will take effect on .
The change has been introduced after recommendations and suggestions from the High Level Committee on Non-Financial Regulatory Reforms and stakeholders. To facilitate this change, the MCA has introduced a new KYC form that is simpler and designed to serve multiple purposes.
The new form can be used for KYC compliance, updating details such as mobile number, email address and residential address, and to reactivate the director identification number (DIN). The MCA issues the DIN, which is a unique eight-digit number, to directors of Indian companies and remains valid throughout the lifetime of a director’s tenure, including at different companies.
Under the revised rules, directors can update their details within 30 days of any change in their particulars.
These changes were recently notified in the Companies (Appointment and Qualification of Directors) Amendment Rules, 2025. The amendment replaces the previous e-form DIR-3-KYC and web service DIR-3 KYC-WEB to just the form number, DIR-3-KYC-Web, reflecting administrative simplification.
Directors who have already completed their annual KYC requirement can file their next one by 30 June 2028.
