Context:
The Securities and Exchange Board of India (Sebi) has extended the deadline for listed companies to comply with industry standards on minimum information disclosure for related party transactions (RPTs).
New Deadline
- The compliance deadline has been moved to 1 July 2025 (previously set for 1 April 2025).
Scope of Compliance
- Listed entities must provide minimum specified information for review by:
- The Audit Committee
- Shareholders when seeking approval for related party transactions.
Background
- The new disclosure framework is aimed at:
- Enhancing transparency in RPTs.
- Standardizing the quality and completeness of information presented to oversight bodies and shareholders.
