MCA eases DIN Compliance: Introduces New DIN KYC and Update Timelines

MCA eases DIN Compliance: Introduces New DIN KYC and Update Timelines

The Ministry of Corporate Affairs (MCA) recently issued an update on May 31, 2025, regarding significant compliance requirements for Director Identification Number (DIN) holders. The government has introduced two key changes in DIN requirement-related rules.

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Firstly, DIN KYC will now be required once every three consecutive financial years. The DIN holders are now required to complete the KYC process on or before June 30 of the year immediately subsequent to every third consecutive financial year. Holders failing to comply with the same requirement may suffer consequences like deactivation of the DIN.

Earlier this compliance was required to be done Every Year.

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Secondly, if there are any changes in the mobile number, email address, or residential address of a DIN holder, then they must update the revised details through the relevant DIR-3-KYC Web. This requirement must be completed within 30 days from the date of the change, along with payment of the prescribed fees set by the government.