
SEBI Proposes Relaxation of Related Party Transaction Rules to Ease Compliance, ETLegalWorld
India’s capital markets regulator Monday proposed turnover-based changes to the rules governing related party transactions (RPTs), or deals between a listed firm and a linked entity such as the promoters, to ease compliance requirements for such companies. In a consultation paper published Monday, the Securities and Exchange Board of India (Sebi) recommended creating turnover-based buckets…