Whether Employee purchasing shares of fellow subsidiary company is RPT?

Ramya Nair (Student CS) (28 Points)

19 September 2022  

Hello All,

 

There are 3 companies. A Ltd, B Ltd, and C Ltd.

B Ltd and C Ltd are subsidiaries of A Ltd.

If an employee of B Ltd buys shares of A Ltd or C Ltd, will this amount to a related party transaction?