Notification No. G.S.R 358(E); Dated: 30.05.2025
The Ministry of Corporate Affairs (MCA) has notified the Companies (Management and Administration) Amendment Rules, 2025, introducing significant revisions to Forms MGT-7, MGT-7A, and MGT-15. These revised forms will come into effect from 14th July 2025 and will be made available on the MCA V3 portal from the same date.
1. Key Changes in Form MGT-7 – Enhanced Shareholder and Debt Disclosure
Form MGT-7, which serves as the annual return for companies other than OPCs and small companies, now requires:
- Summary of Indebtedness for Debentures – Companies must disclose a comprehensive summary of debenture-related borrowings, enhancing visibility of debt exposure.
- Category-Wise Shareholder Breakup – A detailed classification of shareholders based on ownership category (such as promoters, public, institutional, and non-institutional holdings) is now mandatory.
These changes are intended to improve stakeholder insight into capital structure and financial health.
2. Key Changes in Form MGT-7A – Registered Office Verification
Form MGT-7A, applicable to One Person Companies (OPCs) and small companies, has been updated to include:
Photograph of Registered Office – A clear external photograph of the registered office building, displaying the company name, must now be uploaded.
This requirement aims to enhance authenticity and physical verification of the registered office location.
3. Key Changes in Form MGT-15 – AGM and Financial Year Linkage
Form MGT-15, which is filed for resolutions passed at the Annual General Meeting (AGM), will now include:
Financial Year Details – Companies must clearly indicate the financial year to which the AGM pertains, improving traceability and record accuracy in regulatory filings.
4. Implementation on MCA V3 Portal
All three revised forms—MGT-7, MGT-7A, and MGT-15—will be available exclusively on the MCA V3 portal starting 14th July 2025. Companies are advised to familiarise themselves with the new formats and update their compliance processes accordingly.
5. Conclusion
These amendments mark a continued effort by the MCA to strengthen corporate disclosures, enhance transparency, and ensure better digital governance. The revised forms align with the Ministry’s push for greater accountability and ease of verification in corporate filings.
Click Here To Read The Full Notification
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