SEBI vide its circular dated 26th June, 2025 in consultation with Industry Standards Forum (“ISF”) came out with the revised Industry Standards on “Minimum information to be provided to the Audit Committee and Shareholders for approval of Related Party Transactions (“RPT Industry Standards”).
Accordingly, Section III-B of the Master Circular dated 11th November, 2024 shall stand modified and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/18 dated 14th February, 2025 and Circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/37 dated 21st March, 2025 has been superseded.
This Circular shall come into effect from 1st September, 2025.
