https://www.taxtmi.com/circulars?id=65473 Clarification on Regulation 23 confirms that RPTs approved by the audit committee and shareholders before the operative date need no fresh approval; existing pre notification contracts that continue and become material under the revised materiality threshold must be placed for shareholder approval at the first general meeting after the operative date; and omnibus audit committee approvals must still be presented to shareholders when transactions are material under Regulation 23(1). en-us Wed, 30 Mar 2022 00:00:00 +0530 Thu, 31 Mar 2022 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65473 Clarification on Regulation 23 confirms that RPTs approved by the audit committee and shareholders before the operative date need no fresh approval; existing pre notification contracts that continue and become material under the revised materiality threshold must be placed for shareholder approval at the first general meeting after the operative date; and omnibus audit committee approvals must still be presented to shareholders when transactions are material under Regulation 23(1). Circulars SEBI Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65473