2025-06-26
The Securities and Exchange Board of India (SEBI) issued this circular to implement revised Industry Standards developed by the Industry Standards Forum regarding the minimum information required for the approval of Related Party Transactions. These standards mandate that listed entities provide specific details to the Audit Committee and shareholders, effectively modifying Section III-B of the SEBI Master Circular to ensure standardized disclosure practices. The revised requirements become effective from September 1, 2025, superseding previous circulars and requiring industry associations to publish supporting FAQs on their websites.