Examples of Material Subsidiary(ies in a sentence
The list of Material Subsidiary/ies of the Company shall be placed before the Audit Committee on annual basis for review by the Audit Committee.
All officers in the cadre of assistant general manager (‘AGM’) & above of the Company andits Material Subsidiary(ies).
All employees irrespective of their cadre working in management secretariat, corporate secretarial, finance & accounts, information technology and legal department of the Company andits Material Subsidiary(ies).
The Policy is formulated for determining Material Subsidiary(ies) of the Bank.
This Policy was initially framed in accordance with the requirement of revised Clause 49 of the erstwhile Listing Agreement [now Regulation 24 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015] effective from 1st October 2014 and is intended to ensure governance of the Material Subsidiary(ies) (defined hereunder).