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Below the Comment on SEBI revamping RPT approval for listed entities Point Number 3 of the SEBI statement by Makarand Joshi, founder partner, MMJC and Associates, a corporate compliance firm 

With the introduction of enhanced materiality thresholds, the number of RPT resolutions requiring member approval will reduce significantly, aligning regulatory focus on transactions of real substance. This is a welcome relief for fast-growing groups and brings particular ease for subsidiaries without lengthy operational records, who now benefit from clearer compliance processes. Consequently, shareholders will be called to vote only on the most consequential RPTs, making their approvals more impactful. However, this shift greatly amplifies the responsibility on boards and audit committees—especially with the implementation of ISF—since clearance for many major transactions will sit squarely with them rather than the general body. This will bring in ease of doing business.
 

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