Equity shares shown under "Inventories"

It appears that the Pvt Ltd Co is incorrectly classifying the shares of the Unlisted Public Ltd Co as "Inventories" instead of "Investments". Since the shares are held for more than 5 years and are not being traded, it's likely that they should be classified as long-term investments. As per Accounting Standards (AS) 13, "Accounting for Investments", investments should be classified as: - Current Investments (if intended to be sold within 12 months) - Long-term Investments (if not intended to be sold within 12 months) In this case, since the shares are held for more than 5 years, they should be classified as Long-term Investments. Additionally, as the Pvt Ltd Co has a significant stake (20%) in the Unlisted Public Ltd Co, it's likely that they have significant influence over the latter company. This may require consolidation of financial statements or disclosure of related-party transactions. It's essential to consult a chartered accountant or financial expert to ensure accurate classification and compliance with accounting standards and regulatory requirements. Also, since both companies are run by the same family, it's important to ensure that related-party transactions are properly disclosed and conducted at arm's length to avoid any potential conflicts of interest or tax implications.