Unlisted Material Subsidiary means a Material Subsidiary whose equity shares are not listed on any recognized stock exchange in India.

Unlisted Material Subsidiary means an unlisted subsidiary, incorporated in India or not, whose income or net worth exceeds 20% of the consolidated income or net worth respectively, of the Company and its subsidiaries in the immediately preceding accounting year.

Unlisted Material Subsidiary means a Material Subsidiary that is unlisted in India.

Examples of Unlisted Material Subsidiary in a sentence

At least one Independent Director on the Board of the Company shall be a director on the board of the Unlisted Material Subsidiary, whether incorporated in India or not.
On the recommendation of Nomination and Remuneration Committee, at least one Independent Director on the Board of Directors of the Company shall be appointed as a Director on the Board of Directors of an Unlisted Material Subsidiary, whether incorporated in India or not.
The management should periodically bring to the attention of the Board of the Company, a Statement of all significant Transactions and Arrangements entered into by any Unlisted Material Subsidiary Company.
The management should periodically bring to the attention of the Board a statement of all Significant Transactions and Arrangements entered into by the Unlisted Material Subsidiary Company.
Subsidiary of your Company throughout the Financial Year 2019-20, in which your Company holds 51.91% as on March 31, 2020)Creamline Dairy Products Limited is an Unlisted Material Subsidiary of your Company as on March 31, 2020, as per Regulation 24 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

More Definitions of Unlisted Material Subsidiary

Unlisted Material Subsidiary means a Material Subsidiary whether incorporated in India or not and is not listed on any Stock Exchange(s).

Unlisted Material Subsidiary means a Material Subsidiary whose equity shares are not listed on any recognised Stock exchange in India.

Unlisted Material Subsidiary means Material Subsidiary which is not listed on stock exchange.

Unlisted Material Subsidiary means a subsidiary, which is incorporated in India or not and 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 accounting year.

Unlisted Material Subsidiary means a Material Subsidiary which is incorporated in India and is not listed on the Indian Stock Exchanges and whose income or net worth (i.e. paid-up capital and free reserves) exceeds twenty percent (20%) of the consolidated income or net worth respectively, of the listed holding company and its subsidiaries in the immediately preceding accosting year as per audited balance sheet.

Unlisted Material Subsidiary meanss a Material Subsidiary whose securities are not listed on any recognized Stock Exchanges in India.

Unlisted Material Subsidiary means an unlisted subsidiary, whose income or net worth exceeds twenty per cent of the consolidated income or net worth respectively, of the Bank and its subsidiaries in the immediately preceding accounting year. 3. POLICY