MGT-7 Annual Return Filing for Companies

File your company's Annual Return (Form MGT-7 or MGT-7A) with the Ministry of Corporate Affairs. Mandatory for all Private Limited Companies and OPCs — disclosing shareholders, directors, share capital and changes during the year.

MGT-7 vs MGT-7A: Which Form Does Your Company File?

The Ministry of Corporate Affairs introduced Form MGT-7A in 2021 as a simplified Annual Return for small companies and OPCs, replacing the longer Form MGT-7 for these entities.

Criteria MGT-7 MGT-7A
Applicable to Large/Medium Pvt Ltd, Public Ltd Small Companies & OPC
Turnover criteria Turnover > Rs. 2 crore Turnover ≤ Rs. 2 crore
CS certification required? Yes (if turnover > Rs. 2Cr) No — director can sign
Due date 60 days from AGM 60 days from AGM (OPC: later)
Form length / complexity Detailed (14+ sections) Simplified (fewer disclosures)

A "small company" is one with paid-up share capital ≤ Rs. 4 crore AND turnover ≤ Rs. 40 crore (as amended in 2022).

What Information is Disclosed in MGT-7?

👥 Shareholding Details

  • List of all shareholders
  • Number and type of shares held
  • Changes in shareholding during year
  • Share transfers and transmissions
  • Promoter vs public shareholding

🏛️ Director Information

  • DIN and name of all directors
  • Appointments during the year
  • Resignations during the year
  • KMP (Key Managerial Personnel)
  • Disqualifications (if any)

🏢 Company Particulars

  • Registered office details
  • Business activities undertaken
  • Subsidiaries / associates / JVs
  • Debenture holders
  • Pendng litigation matters

Documents Required for MGT-7 Filing

📄 List of shareholders with folio numbers
📄 Share transfer deeds (if any)
📄 DIR-12 forms for director changes
📄 Board resolutions for director changes
📄 AGM minutes and date of AGM
📄 Details of debentures / deposits
📄 DSC of director / managing director
📄 DSC of practicing CS (for large companies)
📄 SRN of previously filed AOC-4
📄 CIN of the company

MGT-7 Filing Process

1
Compile Shareholder & Director Data

Collect complete details of all shareholders, director changes, share transfers and other corporate events that occurred during the financial year.

2
Conduct AGM

Hold Annual General Meeting within 6 months of financial year end. The 60-day due date for MGT-7 runs from the AGM date.

3
Prepare Annual Return Draft

Draft the Annual Return with all required sections. For large companies requiring CS certification, the draft is reviewed and certified by a Practicing Company Secretary.

4
Attach MGT-8 Certificate (If Required)

Companies with paid-up share capital ≥ Rs. 10 crore or turnover ≥ Rs. 50 crore must attach a certification from a Practicing Company Secretary in Form MGT-8.

5
File on MCA21 & Pay Fees

Upload the completed MGT-7/MGT-7A form with DSC on the MCA21 portal, pay the applicable government fee and download the acknowledgement SRN.

Frequently Asked Questions

Is a Company Secretary required for MGT-7 filing?
A Practicing Company Secretary (PCS) is required to certify MGT-7 for companies with paid-up share capital of Rs. 10 crore or more, OR turnover of Rs. 50 crore or more. Small companies and OPCs file the simplified MGT-7A, which can be signed by a director without PCS certification. For all other private limited companies below these thresholds, a CS certification is optional but recommended.
What is the late fee for MGT-7 and is there a maximum cap?
The late fee for MGT-7 is Rs. 100 per day from the due date (60 days from AGM). There is NO maximum cap on this fee, unlike the old Companies Act which had a cap. A company that is 1 year late on MGT-7 would owe Rs. 36,500 in late fees for that single form alone. This is why timely filing is essential.
Can MGT-7 be filed if AOC-4 has not been filed yet?
Yes, but it is not recommended. While technically you can file MGT-7 before AOC-4, the MGT-7 form requires the SRN of the AOC-4 filed for the same year. If AOC-4 is pending, you should file it first or simultaneously to avoid inconsistencies. Note that AOC-4 typically has an earlier due date (30 days from AGM) than MGT-7 (60 days from AGM).

Need MGT-7 Filed Before the Deadline?

Our team prepares and files MGT-7 and MGT-7A for Private Limited Companies and OPCs in Pondicherry. We handle shareholder data compilation, CS certification coordination and MCA portal submission.

File MGT-7 Now Call +91-95977-46476