RPT compliances by subsidiaries of listed entities under LODR
Under the new RPT framework, the burden of compliance with the provisions relating to RPT is not only on the listed entities but also on the subsidiaries. As the listed entities do the needful to submit the half yearly disclosures for RPT, it will require obtaining details from subsidiaries as well.
In this video, the In this video, the Speaker has discussed the relevance of group governance and emphasized on need of controls at parent company's level to ensure implementation of amended RPT framework by subsidiaries and actionables arising therefrom.
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