Tag: disclosures

Markets regulator Sebi plans to change its rules to force unlisted companies to make more disclosures, including on related-party and financial transactions at the group or conglomerate level.Private companies in India are not required to make rigorous disclosures related to their financials or other material changes in the same way public companies are. This also applies to conglomerates that may have both listed and unlisted units. Sebi plans to review and standardise disclosures in public offer documents issued by private and listed companies, it said in its annual...