Cash flow statement applicability

Dear All,

Can anyone plzz clarify the below highlighted point as one of my Clients paid up share capital exceeds 50 lakhs so i want to know CFS applicability for them 

Small company’’ means a company, other than a public company,—

(i) paid-up share capital of which does not exceed fifty lakh rupees or such higher amount as may be prescribed which shall not be more than five crore rupees;