Dear Sir \ Madam
The Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/18 dated February 14, 2025, regarding Industry Standards on “Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction”
The listed entities shall follow the industry standards to ensure compliance with Part A and Part B of Section III-B of the Master Circular read with Regulation 23(2), (3) and (4) of LODR Regulations.
SEBI vide this circular has modified the Section III-B of the Master Circular.
This circular shall come into effect from April 1, 2025.
The aforesaid circular is attached for reference.
All Listed companies are requested to take note and comply accordingly.
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Manu Thomas
Addl General Manager-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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