News & Media 23rd Jul 2023
Listed companies must disclose to the public all information on business deals and arrangements that have a bearing on their prospects. Securities and Exchange Board of India (SEBI) last week tightened the Listing Obligations and Disclosure Regulations that mandated firms to reveal all contracts and arrangements pertaining to strategic, technical, manufacturing, and marketing tie-ups to boost transparency.
Against this backdrop, Manendra Singh, Partner, Economic Laws Practice (ELP) has been quoted in an article “Now, listed firms will have to make all business deals public published”, by The Economic Times, where he is explaining the impact of the changes introduced by SEBI.