What the notification does
SEBI streamlines half-yearly reporting frameworks for related party exposures under LODR Regulations:
- Aligns submission of RPT disclosures with the publication of standalone and consolidated financial results.
- Requires explicit reporting of justification notes endorsed by the Audit Committee for material transactions.
- Introduces standardised XBRL tagging for all overseas subsidiary counterparty contracts.
Who it affects
Listed entities, public companies with listed debt securities, company secretaries and statutory audit committees.
Points for finance teams
| ACTION | BY WHEN | OWNER |
|---|---|---|
| Incorporate revised disclosure schedules into audit committee agendas | November 2026 | Company Secretary |
| Audit inter-company balances against omnibus limits | Quarterly end | Internal Audit |
The firm's note
Amends Regulation 23 of SEBI (LODR) Regulations, harmonising disclosure timelines for high-value related party transactions with stock exchange filing dates. Audit committees must align their calendar.
Disclaimer. This note is a summary prepared by M Rishabh & Associates for general information as on 26 October 2026. It is not professional advice. Refer to the official notification for the full text, which prevails in case of any difference. See the full disclaimer.