Comment on Approval of related party transactions by listed entities per ISF RPT from September by Makarand M Joshi, Founder MMJC & Associates, a corporate compliance firm

2025-08-26 03:12:18 pm | Source: PR Agency

Comment on Approval of related party transactions by listed entities per ISF RPT from September by Makarand M Joshi, Founder MMJC & Associates, a corporate compliance firm

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Below the Comment on Approval of related party transactions by listed entities per ISF RPT from September by Makarand M Joshi, Founder MMJC & Associates, a corporate compliance firm

"Over 5,000 listed entities in India will need to follow these standards for relevant RPTs. Explanatory statements for approving material RPTs need to be made more self explanatory. It shall contain information, not only meeting but significantly exceeding the requirements of the Companies Act, 2013 viz. Data placed before audit committee, pricing methodology, certification from KMP, QR code for report of any etc.
Drafting of explanatory statements accompanying material RPTs will require more diligence in order to support better informed shareholder decision-making."

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