SEBI Circular No.: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/93 dated June 26, 2025
Ref: BSE Notice No. 20250627-1 dated June 27, 2025
NSE Circular Ref. No.: NSE/CML/2025/29 dated June 26, 2025
Relevant Act/ Rules/ Regulation: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Part A and Part B of Section III-B of SEBI Master Circular dated November 11, 2024
Following are the key takeaways:
Paragraph 4 under Part A of Section III-B shall stand substituted by the following paragraph:
“ “The listed entity shall provide the audit committee with the information as specified in the Industry Standards on “Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions”, while placing any proposal for review and approval of an RPT.”
Paragraph 6 under Part B of Section III-B shall stand substituted by the following paragraph:
“The notice being sent to the shareholders seeking approval for any RPT shall, in addition to the requirements under the Companies Act, 2013, include the information as part of the explanatory statement as specified in the Industry Standards on “Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions.”
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