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SEBI issued Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/93 mandating revised Industry Standards for minimum information disclosure requirements in related party transactions (RPTs) under LODR Regulations. The circular modifies Section III-B of the Master Circular, requiring listed entities to provide standardized information to audit committees and shareholders when seeking RPT approvals. Industry Standards Forum, comprising ASSOCHAM, FICCI, and CII, developed these standards in consultation with SEBI following stakeholder feedback. Listed entities must comply with the RPT Industry Standards effective September 1, 2025, superseding previous circulars dated February 14, 2025 and March 21, 2025. Stock exchanges and industry associations must publish standards and FAQs on their websites for stakeholder guidance.
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