SEBI prescribes disclosure obligation for high-value debt listed entities relating to Related Party Transactions

The SEBI vide circular dated 22.11. 2021 specified disclosure obligations of listed entities in relation to Related Party Transactions with respect to specified securities: as viz. i). Information to be reviewed by the Audit Committee for approval of RPTs; (ii) Information to be provided to shareholders for consideration of RPTs and; iii) Format for reporting of RPTs to the Stock Exchange. Now. SEBI has clarified that such disclosure would also be applicable to high-value debt listed entities.The SEBI vide circular dated 22.11. 2021 specified disclosure obligations of listed entities in relation to Related Party Transactions with respect to specified securities: as viz. i). Information to be reviewed by the Audit Committee for approval of RPTs; (ii) Information to be provided to shareholders for consideration of RPTs and; iii) Format for reporting of RPTs to the Stock Exchange. Now. SEBI has clarified that such disclosure would also be applicable to high-value debt listed entities.taxmann.com Latest Statutory HappeningsRead More

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