RPT rules reform: Sebi proposes turnover-linked thresholds for related party deal approvals; move aims to ease compliance for large firms
The Securities and Exchange Board of India (Sebi) has proposed a new threshold-based framework to determine the materiality of related party transactions (RPTs), aligning the compliance burden with the turnover scale of listed entities.According to a consultation paper released on Monday, Sebi suggested that for companies with an annual consolidated turnover up to Rs 20,000…