To improve corporate governance and increase transparency in the Indian securities market, the Securities and Exchange Board of India (SEBI) has introduced a specialized portal for Related Party Transactions (RPT). This initiative is designed to simplify the reporting and oversight of RPTs, making sure that listed companies comply with strict disclosure requirements. The launch of the new RPT portal marks a major step in SEBI’s continuous effort to foster a more transparent and accountable market landscape.
What is the New RPT Portal by SEBI?
The newly launched RPT portal by SEBI is intended to support the timely and accurate reporting of related party transactions by listed companies. This initiative requires companies to provide comprehensive disclosures of their related party dealings, making it simpler for regulators and stakeholders to access and monitor these transactions. The portal is expected to elevate governance standards and increase transparency in the corporate landscape.
By mandating detailed disclosures, the portal seeks to protect investor interests by offering a clear view of how companies are engaging in related party transactions. This step reflects SEBI’s commitment to promoting a healthy and trustworthy corporate ecosystem.
