Q. Related party Transaction in SEBI LODR

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Question added Jun 23, 2021 SEBI By Apeksha Gupta, CA in Practice, Surat

There is a regulation in SEBI LODR -23(9) reg states that, Listed entity should disclose related party transaction on an consolidated basis

Now if A ltd is the listed entity and B Pvt Ltd is its subsidiary whose accounts are consolidated with A ltd and both company have purchase transaction with C Pvt ltd (A related party). While reporting in the regulation 23(9) whether transaction between B Pvt ltd and C Pvt Ltd needs to be disclosed ?. What does this Consolidated basis means?

Concept by CA Pramod Jain

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