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Message: <blockquote data-quote="Tonto" data-source="post: 29243045" data-attributes="member: 583748">okkk..Thanks for replying .As per LKAS 28 anf IFRS if interest of more than 30% then there is a significant interest ? if some directors also common the there is Significant interest plus control ?LKAS Significant influence 6 If an investor holds, directly or indirectly (eg through subsidiaries), 20 per cent or more of the voting power of the investee, it is presumed that the investor has significant influence, unless it can be clearly demonstrated that this is not the case. Conversely, if the investor holds, directly or indirectly (eg through subsidiaries), less than 20 per cent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence can be clearly demonstrated. A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.</blockquote>

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