Featured Publications
Explore our published articles and professional insights on corporate laws, SEBI regulations, CSR compliance and governance matters.
Annual Report on CSR Explained Section 135 & Amended CSR Rules, 2021
- Abhishek Wagh
- August 30, 2021
- 2 comments
In the Report of the High-Level Committee on Corporate Social Responsibility dated August 7, 2019, the Committee had given many recommendations. In its recommendation the committee recommended the following…
Amendments in SEBI (LODR) Regulations, 2015
- Abhishek Wagh
- January 28, 2022
- 2 comments
The Securities Exchange Board of India has brought many amendments in the SEBI (LODR) Regulations, 2015 effective from 5th May 2021, 7th September 2021, 1st April 2022, and 24th January 2022…
Material Subsidiary under SEBI LODR Regulations
- Abhishek Wagh
- August 30 2021
- 2 comments
Following are the provisions applicable to a Material Subsidiary of Listed entity
1. Meaning of a Material Subsidiary
In Regulation 16 (1)(c) of LODR, a Material Subsidiary is defined as
- A Subsidiary whose income exceeds 10 percent of consolidated income of its listed holding entity in the immediately preceding accounting year or…