SEBI Extends Timeline for Related Party Transaction Standards Implementation from April to July 2025

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....SEBI has extended the implementation timeline for Industry Standards on "Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction" from April 1, 2025, to July 1, 2025. This extension follows stakeholder feedback requesting additional time. The Industry Standards Forum, comprising representatives from ASSOCHAM, CII, and FICCI, will consider feedback to simplify the standards in time for the revised deadline. The circular was issued under Section 11(1) and 11A of the SEBI Act, 1992, read with regulation 101 of LODR Regulations.....