Consolidation of Financials Accounts

one shareholder holding 30% shares in two companies whether those 2 companies accounts are required to be consolidated
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Quick Summary
This discussion clarifies whether financial accounts of two companies require consolidation when a single shareholder owns 30% of both. The consensus is no, as this ownership stake does not grant control (over 50% shareholding) in either company. Therefore, they are not considered related parties for consolidation purposes.

No they don't require to be consolidated. Even they are not considered as a relative parties to each other because that shareholder is not having control in any of them that means not holding more that 50% share in any of them.

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