LatestCorporate Compliance 11 November 2026
Diwali Gift Rules for Directors and KMPs Explained
Corporate governance rules tighten scrutiny on Diwali gifts to directors and key managerial personnel (KMPs). The compliance calendar lists permissible limits, mandatory disclosures and conflict checks, urging firms to set clear policies and avoid penalties.
Diwali Gift Rules for Directors and KMPs Explained
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- The compliance calendar for October 2026 flags gift‑giving limits for directors and KMPs.
- Companies must disclose any gifts above the prescribed threshold and assess conflict‑of‑interest risks.
- Non‑compliance can trigger regulatory action, so firms are urged to adopt transparent policies.
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