Which unlisted companies came under Ind AS in April 2018?
ANet worth Rs 250 to below 500 crore
BNet worth Rs 50 to below 100 crore
CNet worth Rs 500 to below 1,000 crore
DNet worth Rs 25 to below 100 crore
Answer & Solution
Correct answer: A. Net worth Rs 250 to below 500 crore
The second phase covered unlisted companies with net worth of at least Rs 250 crore but under Rs 500 crore, since larger ones were already covered.
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