https://www.taxtmi.com/notifications?id=144394 Amendments expand covered persons to include directors, key managerial personnel and their relatives; insert Schedule XII establishing tiered materiality thresholds for related party transactions based on consolidated turnover and computation from last audited consolidated financial statements; require prior audit committee approval for subsidiary transactions above Rs.1 crore when values exceed either subsidiary standalone turnover-based limits or the listed entity's Schedule XII thresholds, with special rules where subsidiaries lack audited financials; and limit validity of shareholder omnibus approvals. en-us Tue, 18 Nov 2025 00:00:00 +0530 Thu, 20 Nov 2025 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=144394 Amendments expand covered persons to include directors, key managerial personnel and their relatives; insert Schedule XII establishing tiered materiality thresholds for related party transactions based on consolidated turnover and computation from last audited consolidated financial statements; require prior audit committee approval for subsidiary transactions above Rs.1 crore when values exceed either subsidiary standalone turnover-based limits or the listed entity's Schedule XII thresholds, with special rules where subsidiaries lack audited financials; and limit validity of shareholder omnibus approvals. Notifications SEBI Tue, 18 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/notifications?id=144394