Industry Standards Forum (ISF) Issues Industry Standards for Related Party Transaction Disclosures
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- Last Updated on 19 February, 2025
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Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/18; Dated: 14-02-2025
Regl 23(2), (3) and (4) of SEBI LODR Regulations related party transactions (“RPTs”) to be approved by the audit committee and by the shareholders, if material. The Industry Standards Forum (ISF), in order to facilitate a uniform approach and assist listed entities in placing the aforesaid information, has formulated industry standards, for minimum information to be provided for review by the audit committee and shareholders for RPTs approval. The circular shall be effective from Apr 1, 2025.
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