Change in Designation of Director — DIR-12 & Board Resolution | Beyonte Compliances
Company Law · Board Governance

Change in Designation of Director update a director's title and role with full statutory compliance.

A director's designation may change over the life of a company — an Additional Director may be regularised, a Director elevated to Managing Director, or a WTD's term extended. Each change in designation is a reportable event under the Companies Act, 2013 and must be filed with the Registrar through Form DIR-12 within 30 days.

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A designation change typically requires a Board Resolution (and in some cases a shareholder resolution) — and where the new designation involves executive remuneration, Schedule V limits must be complied with. Central Government approval may be required for public companies or private subsidiaries of public companies where remuneration exceeds the prescribed limits.

At Beyonte Compliances, we manage the complete process — from advising on the correct procedure to drafting the resolution, filing DIR-12, and updating the Register of Directors and all statutory records.

What Our Director Designation Change Service Covers

Designation Change Advisory

Advising on the correct procedure — board resolution only, or board plus shareholder resolution — and any Schedule V or government approval requirements.

Board Resolution Drafting

Drafting the Board Resolution for the designation change — specifying the new designation, effective date, and any remuneration changes.

Shareholder Resolution (if required)

Preparing the Ordinary or Special Resolution at EGM or AGM for elevation to MD or WTD.

DIR-12 Filing with ROC

Filing Form DIR-12 with the Registrar within 30 days — recording the new designation and effective date.

Service Agreement / Letter of Appointment

Drafting or updating the service agreement or letter of appointment to reflect the new designation and terms.

MBP-1 Update

Updating the director's MBP-1 disclosure of interest to reflect any changes consequent to the designation change.

Schedule V Compliance

Reviewing and ensuring compliance with Schedule V remuneration limits — and managing any Central Government approval where limits are exceeded.

Register of Directors Update

Updating the Register of Directors and KMP register with the new designation and effective date.

Our Process

1

Designation Change Advisory

Identifying the correct procedure — board only or board plus shareholder approval.

2

Board (or Shareholder) Resolution

Drafting and passing the appropriate resolution.

3

DIR-12 Filing

Filing DIR-12 with ROC within 30 days.

4

Service Agreement Update

Updating or issuing service agreement/letter for new designation.

5

Register & Schedule V Compliance

Updating Register of Directors and ensuring remuneration compliance.

Why It Matters

Correct procedure identified upfront — board only or shareholder approval
Board resolution drafted with new designation and effective date
Shareholder resolution managed where elevation to MD or WTD
DIR-12 filed with ROC within 30-day statutory window
Service agreement or letter of appointment updated
Schedule V remuneration limits reviewed and complied with
Central Government approval managed where required
Register of Directors updated with new designation

Frequently Asked Questions

Yes. Every change in the designation of a director must be filed with the Registrar through Form DIR-12 within 30 days of the change.
Yes. Appointment to Managing Director or Whole-Time Director requires shareholder approval — a Board Resolution alone is insufficient.
A Managing Director can be appointed for a term not exceeding five years at a time. Re-appointment on expiry of each term is permitted.
Yes. Schedule V of the Companies Act, 2013 prescribes maximum managerial remuneration — based on the company's net profits. Where profits are inadequate, remuneration is subject to additional restrictions.

Need to change a director's designation?

Contact our team — we'll advise on the correct procedure and handle all filings.