SEBI Update : Disclosure obligations of listed entities in relation to Related Party Transactions

Greetings!
Vide this notification dated 07th January 2022, SEBI has decided to make provisions of the circular dated November 22, 2021 regarding disclosure  obligations  of  listed  entities  in  relation  to  Related  Party Transactions applicable to high value debt listed entities.
The aforesaid notification is in line with notification dated September 07, 2021 and November 9, 2021.
In notification dated September 07, 2021, Regulation 15(1A) of the SEBI (Listing Obligations and  Disclosure  Requirements),  Regulations  2015  (‘LODR Regulations’)  was  introduced stipulating that  Regulations 15  to 27  of  Listing  Regulations  shall  be  applicable  to high  value debt listed entities on a ‘comply or explain’ basis.
In notification dated November 9, 2021, Regulation  23  of  the LODR Regulations on  related  party  transactions was amended, inter-alia, mandating listed entities that have  listed  specified  securities  to  submit  to  the  stock  exchanges  disclosure  of Related Party Transactions(RPTs)in the format specified by the Board.

This Circular shall come into force with immediate effect.

Link of the circular:

https://www.sebi.gov.in/legal/circulars/jan-2022/disclosure-obligations-of-high-value-debt-listed-entities-in-relation-to-related-party-transactions_55225.html