How to Update Business Details After Udyam Registration Verification

The Udyam certificate is essential for every entrepreneur in India. To update the Udyam certificate is simple. If you want to make changes in your business, like changing the firm name, contact details, ownership details and also investment details, these details are required to update the Udyam registration. After updating your certificate, you can access the government schemes.

What is Udyam registration?

Udyam registration is a government-issued certificate granted to eligible businesses as Micro, Small or Medium Enterprises (MSMEs) under the MSME Development Act, 2006. In July 2020 it was introduced as a replacement for the Udyog Aadhaar. The process of Udyam registration is made easy online with a paperless process. After successfully completing your registration process, you get 16 digits of the Udyam registration number FSSAI. The Udyam Registration ID is very important to log in to your Udyam portal.Udyam registration helps to grow your business. And accessing the various government benefits. 

Why Updating Business Details is Important

Keeping your Udyam registration updated is not just a formality—it has several practical benefits:

• Compliance with government records: Outdated details may cause discrepancies during audits or when applying for schemes.
• Smooth access to benefits: Incorrect details might lead to rejections in loan applications, subsidies, or tenders.
• Maintaining credibility: Updated business information builds trust among lenders, clients, and partners.
• Avoiding penalties or cancellations: Inaccurate details could lead to suspension of benefits or even cancellation of your MSME registration.

Information That Can Be Updated

After verification, businesses can update or correct the following details in their Udyam Registration:

1. Business Name or Trade Name
2. Address of the Enterprise (Principal & Additional Locations)
3. Mobile Number and Email ID
4. Bank Account Details
5. Business Activity (Manufacturing or Services)
6. NIC Code (Industry classification)
7. Number of Employees
8. Investment in Plant & Machinery or Equipment
9. Annual Turnover
10. Social Category of the Entrepreneur (SC/ST/OBC/General)
11. Ownership Details (Partnership/Proprietorship/Company etc.)

Who is authorised to update the Udyam registration?

Updating the Udyam Registration Certificate is a process that should be undertaken by the authorised signatory of the enterprise, typically the proprietor, managing partner, or an authorised director.

This ensures that the information provided is accurate and legally binding.​ The Ministry of Micro, Small, and Medium Enterprises (MSME) emphasises that the registration and any subsequent updates should be carried out exclusively through the official Udyam Registration Portal. No private agencies or individuals are authorised to perform these activities on behalf of the enterprise.

Benefits of Updating Business Details After Udyam Registration Verification

• Regular updates ensure you stay eligible for subsidies, tax benefits, and credit support programmes.
• Improved Loan & Credit Approval Chances: Banks and NBFCs check Udyam data when offering collateral-free loans and low-interest MSME credit lines. Having up-to-date turnover and investment details improves your credibility.
• Eligibility for Government Tenders: Many tenders require an updated Udyam Certificate and correct NIC code (industry type). Updating ensures you don’t get disqualified due to outdated or incorrect data.
• Protection Under MSME Laws: Updated details help in filing delayed payment complaints and getting priority in arbitration and also accessing legal support under MSME Samadhan Accura.
• Classification of Your Business: Your MSME classification (Micro, Small, or Medium) may change based on turnover, investment in plant & machinery, benefit eligibility, tax exemptions, and compliance levels.
• Supports Business Growth and Expansion: Updated NIC codes and business activities allow you to add new verticals, participate in new schemes and markets, and expand your operations without compliance issues.

Process to Update Business Details After Udyam Registration Verification:

1. Visit the Udyam registration portal.
2. Click on “update Udyam registration”; you can view the “update details” of “update Udyam registration”.
3. Logging in to the Udyam portal using your registration ID
4. Enter the registration number and use OTP for authentication (you will receive the OTP on the registered mobile number which is linked with Aadhaar).
5. To update the relevant details, such as enterprise name, plant address, business activity, investment or turnover, legal status of PAN and contact details.
6. After updating the details to submit the updated form, you will receive the confirmation message. And an updated certificate will reflect the changes once verified.

Update Business Details After Udyam Registration Verification:

Several factors may change in your business expansion, like:

• Increase investment or turnover.
• Change in business activity. (like adding new products/services).
• Shift from micro to small or small to medium.
• Change in business address.
• Addition of new branches or units.
• Update in ownership, legal entity or contact details.

You Can Apply for Update Udyam Certificate Through Udyam Portal

Conclusion:

Updating your business details after Udyam Registration Verification is a vital step in ensuring that your MSME benefits remain uninterrupted and your enterprise stays compliant with government norms. The process is simple, digital, and cost-free when done through the official Udyam portal. By keeping your records accurate and up to date, you not only safeguard your eligibility for various schemes but also strengthen your business’s credibility in the eyes of stakeholders.

If you are an MSME owner, make it a practice to review and update your Udyam Registration details whenever necessary—it’s a small step that can make a big difference in the long run.