SEBI's Stricter Rules on Related Party Transactions Take Effect

Companies in India now have to be more open about deals with related parties.

This means they need to share more details about these deals, like who's involved, how much money is being used, and why the deal is happening.

This is to make sure things are fair and so that shareholders can make informed decisions.

The rules cover loans, sales, and royalty payments.

The new rules give more specific detail that goes beyond the usual legal requirements.