approval for rpt for listed companies
DESCRIPTION
SEBI, listed companies, rpt ,Related party transactions,TRANSCRIPT
Types of transactions
Material related party transactions
Other related party transactions
What is material ?Individually or collectively
during the financial year5% annually turnover OR20% TURNOVER [TO] which ever is
higherTO based on preceding financial
year.
For material RPT
PRIOR audit committee approval +
PRIOR shareholders approval through special resolution
RPT
PRIOR audit committee approval