Related Party Compliances

Related party compliances arising on account of SEBI Listing Obligations, Disclosure Requirements (LODR)& Companies Act requirement.
Identification and evaluation of Related Party Transactions (RPTs) to ensure arm’s length pricing and fair valuation of such RPTs in line with SEBI-LODR requirements. Support in presentation of the same before the Audit Committee.

• Identification of related parties
• Determing whether such RPT are in the ordinary course of business;
• Determining whether the RPT are undertaken on arm’s length basis by
  • Analysing and evaluating various approvals required (i.e. audit committee, board of directors, shareholders etc.) for each of the RPT as per the Companies Act 2013 and SEBI regulations
  • Analyse other supporting documents, emails and third party information available to substantiate the pricing of the RPT
  • Review RPT compliances under the Companies Act on a quarterly/ half-yearly/annual basis and present our analysis at board meetings to assure directors that required compliances are met