Business Standard

Why related party transactions may need more regulatory attention

The practice picked up during the pandemic, come into focus as Adani controversy unfolds

transaction, money transaction
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Sachin P Mampatta Mumbai

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The way the Adani Group conducts related party transactions is part of a US short-seller’s scathing report on the conglomerate.

The value of these potentially problematic transactions have gone up for listed companies as a whole after Covid-19, shows a 'Business Standard' analysis of 221 firms on the S&P BSE 500 index with available data.

Hindenburg Research last month published a report alleging improprieties by the Adani Group, highlighting related party transactions. Adani has denied the allegations as "a lie".

These are transactions that a company enters into with entities related to the owner or majority shareholder, also called the

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First Published: Feb 17 2023 | 2:17 PM IST

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