SEBI Amends Listing & Disclosure Requirements; New Schedule Inserted For Material Related-Party Transactions

The article reports on SEBI’s regulatory reform: a new schedule has been added to its listing and disclosure norms that mandates enhanced disclosure for material related-party transactions. The changes aim to bolster transparency, strengthen investor protection and reduce the risk of abuse in transactions between listed companies and their connected parties. The amendment reflects SEBI’s continuing drive for tighter corporate governance and better alignment of interests between promoters and minority investors.