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Ultimate Holding Company : Meaning & Definition

A Company will be called as an Ultimate Holding Company, when that company has one or more subsidiary companies and any one or more such subsidiary companies also has one or more subsidiary companies

But that Ultimate Holding Company is not a subsidiary of any company.

Example:

HLD Limited – a Holding Company

SUBS ONE Limited is the subsidiary company of HLD Limited.

SUBS TWO Limited is the subsidiary company of HLD Limited.
SUBSIS Limited is the subsidiary company of SUBS ONE Limited.

HLD Limited doesn't have any holding company that means it is not the subsidiary of any company.

In the above case, HLD Limited is the Ultimate Holding Company.
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