Material Unlisted Subsidiary definition

Material Unlisted Subsidiary means an unlisted Material Subsidiary.

Material Unlisted Subsidiary means a Material Subsidiary which is whether incorporated in India or not and is not listed on the Stock Exchanges.

Material Unlisted Subsidiary means an unlisted Material Subsidiary of the Company.

Examples of Material Unlisted Subsidiary in a sentence

• Material Unlisted Subsidiary incorporated in India shall undertake secretarial audit and shall annex with its annual report, a secretarial audit report, given by a company secretary in practice.

• Every Material Unlisted Subsidiary shall undertake a secretarial audit and shall annex with its Annual Report, a secretarial audit report, given by the Company Secretary in practice, in such form as may be prescribed.

• Every Material Unlisted Subsidiary of the Company incorporated in India shall undertake secretarial audit and shall annex with its annual report, a secretarial audit report, given by a company secretary in practice, in such form as may be specified.

• Based on the recommendations of the Nomination and Remuneration Committee of the Company, the Board shall appoint at least one independent director of the Company on the Board of the Material Unlisted Subsidiary.

• Accordingly, the Corporate Governance Requirements as applicable with respect to Material Unlisted Subsidiary has been complied with.The Company's Audit Committee reviews the Consolidated Financial Statements of the Company as well as the Financial Statements of the Subsidiaries, including the investments made by the Subsidiaries.

More Definitions of Material Unlisted Subsidiary

Material Unlisted Subsidiary means an unlisted subsidiary, incorporated in India, whose income or net worth exceeds 20% of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accounting year.

Material Unlisted Subsidiary means an unlisted material Subsidiary.

Material Unlisted Subsidiary means a subsidiary that is determined as a ‘material subsidiary’ in accordance with this Policy and which is either incorporated in India or abroad and is not listed on the recognised stock exchanges either in India or abroad.

Material Unlisted Subsidiary means a subsidiary whether incorporated in India or not, whose income or net worth exceeds twenty percent of the consolidated income or net worth respectively, of the Company and its subsidiaries in the immediately preceding accountingyear.

Material Unlisted Subsidiary means an unlisted subsidiary, whose income or net worth exceeds 10% percent of the consolidated income or net worth respectively, of the listed entity and its subsidiaries in the immediately preceding accounting year.

Material Unlisted Subsidiary means an Unlisted Material Subsidiary which is incorporated in India or not.

Material Unlisted Subsidiary means an unlisted Material Subsidiary. “Policy” means this Policy for Determining Material Subsidiaries of the Company. "Subsidiary" shall have the meaning given to it in the Companies Act, 2013. “Unlisted Subsidiary” means an unlisted Subsidiary of the Company.