Go Green Limited is a listed company, recently received a notice from a Regulatory Authority regarding violation of related party transaction. One of its newly inducted Board members wanted to know from you as its Compan

In terms of proviso of regulation 2(1)(zc) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following shall not be a related party transaction: the issue of specified securities on a preferential basis, subject to compliance of the requirements under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018; the following corporate actions which are uniformly applicable / offered to all shareholders in proportion to their shareholding: payment of dividend, subdivision or consolidation of securities, issuance of securities by way of a rights issue or a bonus issue, and buy-back of securities. acceptance of fixed deposits by banks / Non-Banking Finance Companies at the terms uniformly applicable / offered to all shareholders/public, subject to disclosure of the same along with the disclosure of related party transactions every six months to the stock exchange(s), in the format as specified by the SEBI. acceptance of current account deposits and saving account deposits by banks in compliance with the directions issued by the Reserve Bank of India or any other central bank in the relevant jurisdiction from time to time: Explanation: For the purpose of clauses (c) and (d) above, acceptance of deposits includes payment of interest thereon. retail purchases from any listed entity or its subsidiary by its directors or its employees, without establishing a business relationship and at the terms which are uniformly applicable/offered to all employees and directors. The definition of related party transaction shall not be applicable for the units issued by mutual funds which are listed on a recognised stock exchange(s).