RPT rules reforms: Sebi proposes turnover-linked thresholds for related party deal approvals; move aims to ease compliance for large firms
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The Securities and Exchange Board of India plans to revise norms for related party transactions. New thresholds based on company turnover are proposed. These aim to ease compliance for larger firms. A simpler disclosure format is suggested for smaller transactions. The current exemption for transactions up to Rupees one crore will remain.
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