Annual Compliance Service for Public Limited Company

Annual Compliance Service for Public Limited Company

A Public Limited Company is a company that can offer its shares to the public and is governed by strict compliance rules under the Companies Act, 2013. Whether listed or unlisted, public companies in India are subject to more stringent annual reporting, disclosure, and governance requirements compared to private companies.

This blog covers all the key annual compliance requirements for Public Limited Companies in India for the Financial Year 2024–25, helping you stay compliant, avoid penalties, and maintain public trust.

✅ Why Annual Compliance Is Critical for Public Limited Companies
Ensures transparency and trust among investors

• Avoids hefty penalties and regulatory action by MCA or SEBI
• Helps maintain the company’s “Active” status
• Required for fundraising, listing, and public credibility

Fulfills legal obligations under Indian corporate laws

📋 Annual Compliance Checklist for Public Limited Companie

1. Annual General Meeting (AGM)
AGM must be held within six months of the end of the financial year.

First AGM for a newly incorporated company can be held within 9 months of the closing of the first financial year.

2. Filing of Financial Statements – Form AOC-4
Details of the balance sheet, profit and loss account, auditor’s report, and director’s report must be filed with the ROC.

Due Date: Within 30 days of holding the AGM.

3. Filing of Annual Return – Form MGT-7
Contains shareholding patterns, directorship, and other statutory details.

Due Date: Within 60 days of the AGM.

4. Director KYC – Form DIR-3 KYC
Every director with a valid DIN must file this form annually.

Due Date: 30th September 2025

5. Filing of Form MGT-14
Resolutions passed in board meetings for specific matters must be filed with ROC in Form MGT-14.

Includes approval of financial statements and board reports.

6. Income Tax Return Filing
Filing of ITR is mandatory under the Income Tax Act, even if there is no profit.

Due Date: 31st October 2025 (for audited companies)

7. Form ADT-1 – Auditor Appointment
Must be filed within 15 days of AGM to notify the ROC about the appointment or reappointment of statutory auditors.

8. Secretarial Audit Report (Form MR-3)
Applicable to all listed companies and public companies with:

Paid-up capital ≥ ₹50 crore, or

Turnover ≥ ₹250 crore

Conducted by a qualified Company Secretary in practice.

💸 Penalties for Non-Compliance
₹100 per day per form for delayed filing

Directors may face disqualification or fines up to ₹5 lakh

Company may face penalties up to ₹25 lakh depending on default

SEBI actions (in case of listed companies)

📂 Documents Required

• Audited financial statements
• Shareholding details and board reports
• Auditor’s report and director’s report
• Digital Signature Certificates (DSC)
• DINs of all directors

🛠️ How CallmyCA Can Help
Public companies face complex compliance requirements — but with CallmyCA, you can stay compliant with ease. Our expert team offers:

Complete ROC filing and documentation

Secretarial audit assistance

ITR and TDS filing

Board and AGM documentation management

📞 Partner with Compliance Experts
Public image begins with public trust.
Let CallmyCA handle your annual compliance while you focus on business growth and stakeholder confidence.