Markets regulator Sebi has introduced a threshold-based framework to determine the materiality of related party transactions (RPTs), based on the annual consolidated turnover of the listed entity.The regulator also revised the thresholds for audit committee approval for RPTs conducted by subsidiaries and simplified disclosure requirements for smaller related party transactions. These new standards aim to […]
Mumbai: The Securities and Exchange Board of India (Sebi) has initiated a review of the listing obligations and disclosure requirements (LODR), aimed at simplifying and streamlining companies’ disclosure norms. LODR is the framework that governs the ongoing compliance requirements of all listed companies in India. The revamp is still at a preliminary stage and a […]