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SEBI proposed revisions to related party transaction (RPT) rules, easing compliance for listed firms. The regulator suggested turnover-based thresholds to determine 'material' RPTs requiring shareholder approval, replacing the current 1,000 crore or 10% of turnover limit. This aims to address the 'one-size-fits-all' approach, especially for high-turnover companies.
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Critics want the system used to trace accounts to be reformed so people do not miss out on prizes.
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The actress stars in a controversial American Eagle advert that has become a political flashpoint in the US.
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