SEBI has introduced significant changes to disclosure norms that affect all listed companies in India. These changes aim to enhance transparency, protect investor interests, and align Indian markets with global best practices.
Key Changes
The new norms cover enhanced related party transaction disclosures, stricter timelines for event-based disclosures, and expanded ESG reporting requirements.
Impact on Companies
Listed companies need to review their current disclosure practices and update their compliance frameworks to meet the new requirements within the specified timelines.