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Market regulator SEBI clarifies on validity period of omnibus approval for related party transactions

Market regulator SEBI clarifies on validity period of omnibus approval for related party transactions

Sat, Apr 09, 2022

In case of omnibus approvals for material related party transactions (RPTs), obtained from shareholders in general meetings other than AGMs, the validity of such omnibus approvals will not exceed one year, Sebi said.

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