Sebi has issued new guidelines for listed companies seeking approval for related party transactions (RPTs). Companies must now provide detailed justifications, valuation reports, and turnover percentages to audit committees and shareholders. However, smaller RPTs below 1% of turnover or Rs 10 crore are exempted from these stringent disclosure norms.
Global Market Today: Asian stocks jump with US futures on Micron outlook
Asian markets surged, mirroring US futures, as Micron Technology’s stellar sales forecast reignited AI trade confidence. The chipmaker’s shares jumped significantly after projecting robust future