New Delhi, Feb. 15 -- The Securities and Exchange Board of India (Sebi) has approved new standards for disclosures related to related-party transactions (RPTs), aiming to ensure more transparency and protect investors.

The announcement came from Sebi chairperson Madhabi Puri Buch at the launch of India's first RPT analysis portal on Friday.

Buch expressed her appreciation for the industry's efforts in establishing robust RPT disclosure standards, noting that the Industry Standards Forum (ISF) had approved the guidelines only moments before the event. "They have approved it just a few minutes ago, and it is an amazing amount of high-quality work that the industry itself has come up with," Buch said.

The ISF is a Sebi-established group o...