BSE Notice no.: 20250315-3 dated 15 Mar 2025
NSE Circular Ref. No: NSE/CML/2025/12 dated 15 Mar 2025
Ref: SEBI Circular No: 1) SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/18 dated February 14, 2025
2) SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/37 dated March 21, 2025
Ref: BSE Circular No.: 20250215-1 dated February 15, 2025
NSE Circular No. NSE/CML/2025/05 dated February 15, 2025
SEBI had earlier vide Circular dated February 14, 2025 (“the Circular”) required listed entities to follow the Industry Standards on “Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction” (“Industry Standards”) with effect from April 1, 2025. (Refer to our earlier Article on this – https://1-comply.com/2025/02/18/minimum-information-for-audit-committee-shareholders-in-rpt-approval/). This date was further extended from April 1, 2025 to July 1, 2025 vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/37 dated March 21, 2025 (Refer to our Article on this https://1-comply.com/2025/03/24/applicability-date-of-industry-standards-for-minimum-information-for-ac-shareholders-in-rpt-approval-extended/)
Now both BSE and NSE have released FAQs on Applicability of the Industry Standards on “Minimum information to be provided for Review of the Audit Committee and Shareholders for Approval of Related Party Transaction (RPT)” on their respective websites. Listed entities to refer to the same to ensure prompt compliance. Links for the same are reproduced herein below:
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