Small Company Check 2026 · · prepared using cakarangupta.com/tools

Thresholds per G.S.R. 880(E), 1 Dec 2025 · neighbouring rules re-read

Is it a small company — and what did not switch off?

Answer four questions and this page tells you whether it is a small company for FY 2025-26, which rules switched off, which did not, and whether the 30 September demat deadline is yours.

This is a sample — Sharma Traders Pvt Ltd, ₹6 crore paid-up, ₹55 crore turnover: a company the amendment moved into small-company status. Replace it with your figures; the board updates as you type.

1 Enter2 Check3 Print

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small company?

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still apply anyway

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shares in demat by

Private or public company? A public company is never a small company, at any size.

Holding or subsidiary of any company? A ₹1 lakh subsidiary of any company is not a small company.

Paid-up share capital as on 31 March 2026 the limit is ₹10 crore Type 6 cr, 50 lakh or the full figure.

Enter the paid-up capital — e.g. 6 cr, 50 lakh or 60000000. The verdict needs it.

Turnover for FY 2024-25 the limit is ₹100 crore The Act tests the immediately preceding year, so for FY 2025-26 status that is FY 2024-25.

Enter last year's turnover — e.g. 55 cr. The verdict needs it.

Company name Printed on your working paper verbatim. Optional.

Registered under section 8? Charitable-object companies are excluded outright.

Governed by a special Act? e.g. a company formed under a statute of its own.

Government company? Not a small-company exclusion — it only takes the demat rule off the table.

Turnover for FY 2025-26 The year being audited. Leave it blank and the XBRL, MGT-8, CARO and ICFR rows will say so instead of guessing.

Not a number — try 68 cr or 680000000.

Paid-up capital + reserves & surplus, 31 March 2026 Leave blank unless the company is tiny — only the CARO carve-out uses it, and that needs capital + reserves of ₹1 crore or less.

Not a number — try 9.5 cr.

Highest bank / FI borrowings at any point in FY 2025-26 Peak outstanding during the year, not the year-end figure. Leave blank if it stayed under ₹1 crore — typical for a company this size.

Not a number — try 12 cr.

Highest bank / PFI borrowings at any point in FY 2024-25 the test is above ₹100 crore Internal audit for FY 2025-26 looks at the preceding year's peak. Leave blank and the internal-audit row will ask for it rather than assume nil.

Not a number — try 8 cr.

Makes goods / renders services listed in the Table to Rule 3, CRA Rules? ₹35 crore and above Table A = regulated sectors (telecom, power, petroleum, drugs, fertilisers, sugar); Table B = the non-regulated list. Leave it on "No" — most companies are not in a listed sector.

Filed AOC-4 XBRL in any earlier year Prepares financial statements under Ind AS Has defaulted in filing AOC-4 (s.137) or the annual return (s.92)

Was it a small company on 31 March 2025? The demat rule freezes that date, and the limits then were ₹4 crore and ₹40 crore. Pick "Not sure" and this page works it out from the figures.

Securities already dematerialised (ISIN obtained)?

On 1 December 2025 the small-company limits moved to ₹10 crore paid-up / ₹100 crore turnover. The rules next door did not move.

Every threshold on this page is listed under the result, with the rule it comes from.

Where these rules come from

Every threshold on this page was read from the rule text as reproduced by IBC Laws / CAIRR and cross-checked against professional commentary on . Rule 9B's treatment of a company that was non-small on 31 March 2025 is a published professional reading, not an MCA clarification — the page says so where it matters.

G.S.R. 880(E), 1 Dec 2025 — Companies (Specification of Definitions Details) Amendment Rules, 2025 — ₹10 cr / ₹100 cr in Rule 2(1)(t)
Rule 3, Companies (Filing of Documents and Forms in XBRL) Rules, 2015 — ₹5 cr paid-up / ₹100 cr turnover / Ind AS; sub-rule (2) "continue to file"; banking, insurance, power and NBFCs excepted; last amended by the notification of 6 Jun 2025 (in force 14 Jul 2025 — signed-PDF attachment and CSR fields only, thresholds untouched)
Rule 13 and Rule 8A, Companies (Accounts) Rules, 2014 — internal audit; abridged Board's report
Rules 5 and 11(g), Companies (Audit and Auditors) Rules, 2014 — rotation "excluding one person companies and small companies"; audit trail for every company
Rule 9B, Companies (Prospectus and Allotment of Securities) Rules, 2014 — inserted 27 Oct 2023; extended once by the amendment of 12 Feb 2025 (G.S.R. 131(E) as reproduced by IBC Laws; to 30 Jun 2025, for companies non-small on 31 Mar 2023); sub-rule (6) excludes Government companies; no 2026 amendment found as at
CAclubindia, 1 Aug 2026 — Rule 9B practical FAQs and MMJC FAQs on the 1 Dec 2025 change — CAclubindia FAQ 2: non-small on 31 Mar 2025 → 30 Sep 2026; FAQ 1: only the year-end status counts, never the status during the year. MMJC FAQ 2: the XBRL Rules were not amended
Mondaq, 30 Jan 2026 — Rule 9B grey areas — the contrary reading (a company that re-qualifies as small "may revert to an exempt position"); no MCA saving clause either way
Cyril Amarchand, 1 Sep 2026 — ROC Bangalore adjudication of 19 Aug 2026 — Fyle Technologies: s.450 penalty for a transfer without prior demat (Rule 9B(4)(a))
CARO 2020, paragraph 1(2)(iv) and (v) — small company exempt by name; the separate ₹1 cr / ₹1 cr / ₹10 cr private-company test
G.S.R. 583(E), 13 Jun 2017 (corrigendum 13 Jul 2017) — s.143(3)(i) ICFR reporting exemption: turnover < ₹50 cr AND borrowings < ₹25 cr, no filing default
Rules 3 and 4, Companies (Cost Records and Audit) Rules, 2014 — ₹35 cr; ₹50 cr/₹25 cr (Table A); ₹100 cr/₹35 cr (Table B)
Rule 11(1)–(2), Companies (Management and Administration) Rules, 2014 — MGT-7A for small companies; MGT-8 at ₹10 cr paid-up / ₹50 cr turnover regardless
s.446B, s.450, s.92, s.137, s.173(5), s.2(40) proviso — penalties, board meetings, cash flow
MCA General Circular 04/2026, 31 Aug 2026 — Companies Compliance Facilitation Scheme 2026 — the window for regularising pending AOC-4 / MGT-7 filings closes 15 September 2026 (confirmed as at , no further extension). The scheme's own relief terms are on the circular; this page describes them rather than quoting figures, because the circular text was not readable when the sentence was written
PRS — Corporate Laws (Amendment) Bill, 2026 — the ₹20 cr / ₹200 cr figures are in a Bill (introduced 23 Mar 2026; Joint Committee report 3 Aug 2026; not passed by either House as at ), not in force

Same audit season, same auditors: Schedule II depreciation calculator.

Rules relied on were read from the rule text (IBC Laws / CAIRR reproductions) as at : s.2(85) with Rule 2(1)(t) as amended by G.S.R. 880(E); XBRL Rules r.3; Accounts Rules r.13(1), r.8A; Audit & Auditors Rules r.5, r.11(g); PAS Rules r.9A(8), r.9B; CARO 2020 para 1(2)(iv)–(v); G.S.R. 583(E) 13 Jun 2017; CRA Rules r.3–4; M&A Rules r.11; ss.2(40), 92, 137, 139(2), 173(5), 446B, 450. The Rule 9B position on 31 Mar 2025 status is a professional reading (CAclubindia 1 Aug 2026; MMJC), not an MCA clarification.