Current Affairs · Economy
The Securities and Exchange Board of India (SEBI) introduced reforms to simplify compliance and encourage investor participation. Which of the following statements is correct regarding the relaxed norms for Related Party Transactions (RPTs)?
- 1RPTs exempted only for companies with turnover below ₹1,000 crore
- 2Shareholder approval required for every RPT regardless of size
- 3A significant percentage of RPTs at top listed firms are now exempt from prior shareholder approval under relaxed thresholds✓
- 4Mandatory board approval for all RPTs above ₹1 crore
Correct answer
A significant percentage of RPTs at top listed firms are now exempt from prior shareholder approval under relaxed thresholds
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