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SEBI has amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pursuant to which SEBI has increased the materiality threshold (triggering shareholder approval requirement)
SEBI has amended the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, pursuant to which SEBI has
increased the materiality threshold (triggering shareholder
approval requirement) for a related party transaction involving
payments made to a related party with respect to brand usage or
royalty from 2% to 5% of the annual consolidated turnover of the
listed entity as per the last audited financial statements.
Originally published September 2019
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