The Ministry of Corporate Affairs has notified the Companies (Specification of Definition Details) Amendment Rules, 2025, revising the financial criteria for classifying a ‘small company’ under Section 2(85) of the Companies Act, 2013.
As per the amendment, the paid-up capital and turnover limits for a small company have been enhanced to ₹10 crore and ₹100 crore, respectively. The notification, issued under G.S.R. 880(E), comes into force from the date of its publication in the Official Gazette on 1 December 2025.
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