Royalty payment by listed companies reaches Rs 10,779 cr in FY23: Sebi study
Friday, 15 November 2024 () A new SEBI study has found that royalty payments made by listed Indian companies to related parties have more than doubled in the last decade, raising concerns about potential financial irregularities. The study analyzed 233 companies and found that in many cases, royalty payments exceeded dividends paid to shareholders, with limited transparency and justification for these payments.
A study by SEBI revealed that some listed Indian companies prioritized royalty payments to promoters over shareholder dividends. The study, conducted over a... IndiaTimes
Friday, 15 November 2024 ()
