SEBI Pushes Related Party Transaction Disclosure Deadline to July
Why in the news
The Securities and Exchange Board of India gave listed companies more time to follow industry standards on the minimum information to disclose for related party transactions (RPTs).
Key facts
| Item | Detail |
|---|---|
| New deadline | 1 July 2025 |
| Earlier deadline | 1 April 2025 |
| Who must comply | Listed entities |
Scope
- Listed entities must supply the minimum specified information to the Audit Committee.
- The same information goes to shareholders when they are asked to approve RPTs.
Background
- The disclosure framework is meant to improve transparency in RPTs.
- It also standardises the quality and completeness of information given to oversight bodies and shareholders.
Exam angle
- Regulator: SEBI; new date: 1 July 2025.
- Related term: RPT, audit committee review.