New era of governance

Maximum governance with the least regulator involvement has recently been the government's objective, as witnessed by multiple amendments. This is also evident in Business Responsibility and Sustainability Reporting (BRSR) standards introduced by SEBI for listed companies to focus on governance, which eventually impacts the entire business ecosystem in adopting best practices.

Faced with the challenge of balancing stakeholder interest and social responsibility, corporations are required to review, introduce, and strengthen their governance framework regularly, especially around Related Party Transactions (RPTs).

In this context, Grant Thornton Bharat is hosting an insightful conversation to discuss the RPTs governance responsibility and balancing stakeholders' interests in the extant regulatory regime, leading to maximum disclosure and self-governance.