Business Studies, asked by shubhamrajan65, 10 months ago

what is subsidiary company? explain with example​

Answers

Answered by faisuteam07
3

Answer:

hey mate

Explanation:

Subsidiary company is one in which the other company has substantial influence, i.e. which is owned and controlled by some other company (holding company). A subsidiary company is also called daughter company.

For example- If ABC Ltd. has 51 or more than 51% shares of XYZ ltd, then XYZ ltd is said to be subsidiary of ABC ltd.

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shubhamrajan65: Thank you
faisuteam07: plz make me brilliant
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