9911796707
TMI BlogDisclosure obligations of listed entities in relation to Related Party TransactionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Related Party Transactions 1. Vide notification dated November 9, 2021, Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 ('LODR Regulations') was amended, inter-alia, mandating listed entities that have listed specified securities to submit to the stock exchanges disclosure of Related Party Transactions (RPTs) in the format specified by the Board from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all be specified); d. Value of the proposed transaction; e. The percentage of the listed entity's annual consolidated turnover, for the immediately preceding financial year, that is represented by the value of the proposed transaction (and for a RPT involving a subsidiary, such percentage calculated on the basis of the subsidiary's annual turnover on a standalone basis shall be additionally pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the valuation or other external party report, if any such report has been relied upon; i. Percentage of the counter-party's annual consolidated turnover that is represented by the value of the proposed RPT on a voluntary basis; j. Any other information that may be relevant 5. The audit committee shall also review the status of long-term (more than one year) or recurring RPTs on an annual bas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... all not be applicable to listed banks/NBFCs.) d. A statement that the valuation or other external report, if any, relied upon by the listed entity in relation to the proposed transaction will be made available through the registered email address of the shareholders; e. Percentage of the counter-party's annual consolidated turnover that is represented by the value of the proposed RPT, on a vol ..... X X X X Extracts X X X X X X X X Extracts X X X X
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