https://www.taxtmi.com/circulars?id=64892 SEBI requires objective criteria for a listed holding company and listed subsidiary to qualify as being in the same line of business: same NIC three digit principal activity; at least fifty percent of each company's revenue and net tangible assets attributable to the same line of business per the latest audited annual results; post name change revenue continuity on a restated consolidated basis; and mutual self certification. All such criteria must be certified by the statutory auditor and a SEBI registered merchant banker, and the entities must satisfy prescribed listing tenure conditions. en-us Tue, 06 Jul 2021 00:00:00 +0530 Tue, 06 Jul 2021 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64892 SEBI requires objective criteria for a listed holding company and listed subsidiary to qualify as being in the same line of business: same NIC three digit principal activity; at least fifty percent of each company's revenue and net tangible assets attributable to the same line of business per the latest audited annual results; post name change revenue continuity on a restated consolidated basis; and mutual self certification. All such criteria must be certified by the statutory auditor and a SEBI registered merchant banker, and the entities must satisfy prescribed listing tenure conditions. Circulars SEBI Tue, 06 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64892