Concise chart on Related Party Transactions

Concise chart on Related Party Transactions

Particulars	Company Law Requirement	Listing AgreementRequirement	Remarks
Sale, Purchase orSupply of any goods, Material, etc	10% of turnover OR Rs. 100 crores, whichever is less	1. All Related Party Transactions upto 10% of CFS turnover per related party 2. Material Related Party Transactions beyond 10% of CFS turnover per related party	1. Prior Audit Committee approval +Board Meetingapproval if transaction is within limit 2. Beyond this limit prior shareholders approval by specialresolution and related party cannot vote
Selling or Buying of Property	10% of networthOR Rs. 100 crores, whichever is less	1. All Related Party Transactions upto 10% of CFS turnover per related party 2. Material Related Party Transactions beyond 10% of CFS turnover per related party	1. Prior Audit Committee approval + Board Meeting approval if transaction is within limit 2. Beyond this limit prior shareholders approval by special resolution and related party cannot vote
Leasing of any Property	10% of turnoverOR 10% of networth OR Rs. 100 crores, whichever is less	1. All Related Party Transactions upto 10% of CFS turnover per related party 2. Material Related Party Transactions beyond 10% of CFS turnover per related party	1. Prior Audit Committee approval + Board Meeting approval if transaction is within limit 2. Beyond this limit prior shareholders approval by special resolution and related party cannot vote
Rendering / Availing any Services	10% of turnoverOR Rs. 50 crores, whichever is less	1. All Related Party Transactions upto 10% of CFS turnover per related party2. Material Related Party Transactions beyond 10% of CFS turnover per related party	1. Prior Audit Committee approval + Board Meeting approval if transaction is within limit2. Beyond this limit prior shareholders approval by special resolution and related party cannot vote

Note:

1. The reference of financials is as per last audited financial statements.
2. Proposal needs previous approval of Audit Committee.
3. Thereafter proposal needs previous approval of Board Meeting in terms of approval of Audit Committee.