SubstitutionHigh ImpactSEBI_LODR_2015
Official PDF (p. 5)SEBI_LODR_2015 · Regulation 23 / RPT Norms
SEBI LODR Regulation 23: Materiality Thresholds and Prior Approval for Related Party Transactions
Applicable from 2026-06
Attempt Applicability
2026-06:Applies
2026-12:Applies
Statutory Comparison
Prior PositionPre-amendment
Materiality threshold was ₹1,000 crore or 10% of annual consolidated turnover without granular subsidiary netting provisions.
New PositionAmended
Strengthened approval mechanisms for subsidiary transactions and enhanced omnibus approval disclosures to protect minority shareholders.
Affected Syllabus Chapters
corporate-and-economic-laws
sebi-laws-and-regulations
Code: sebi-laws-and-regulations
Authority Document Reference
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