Examples of Material Unlisted Subsidiary in a sentence
Pursuant to Regulation 24 of the Listing Regulations, at least one Independent Director is to be on the Board of Directors of all Material Unlisted Subsidiary Company.
The statement of all Significant Transactions and Arrangements entered into by the Material Unlisted Subsidiary Company shall be placed before the Board/Audit Committee of the Company on quarterly basis.
At least one Independent Director on the Board of the Company shall be a director on the Board of the Material Unlisted Subsidiary.
The audit committee of the Company shall also review the financial statements, in particular, the investments made by the Material Unlisted Subsidiary.
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.