SEBI Notifies Changes To Related-Party Transactions Payaswini Upadhyay

SEBI, the market regulator, has announced some changes to its listing rules. It was approved by the board of directors in September of this year.
The change is in close agreement with what the Securities and Exchange Commission of India announced a little over a month ago. They extend the definition of “related parties” and “related party transactions” and revolve around investigating such transactions more closely.