Sebi digs its heels in on related-party transaction rules - Mint

In the circular, the Sebi clarified that all material related-party transactions (RPTs) would need approval from shareholders. It also stood its ground in making the new rules effective starting 1 April

MUMBAI : Indias top conglomerates frantic efforts to secure relaxations on the proposed related-party rules ended in disappointment, with the markets regulator on Wednesday issuing a circular that c… [+3454 chars]

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