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Care Products Ltd., a listed company, has outstanding 2,000, 8% Debentures of ₹ 1,000 each redeemable at a premium of 10% on 31st December 2023

505 viewsNovember 1, 2023Redemption of Debentures

Anurag Pathak27.10K November 1, 2023 0 Comments

Care Products Ltd., a listed company, has outstanding 2,000, 8% Debentures of ₹ 1,000 each redeemable at a premium of 10% on 31st December 2023. How much amount it will transfer to Debentures Redemption Reserve before the redemption of debentures?

Anurag Pathak Changed status to publish November 1, 2023

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Anurag Pathak27.10K Posted November 1, 2023 0 Comments

Solution:-

Nil

Listed company are not required to create DRR for the purpose of redemption of debenture.

Anurag Pathak Changed status to publish November 1, 2023

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Anurag Pathak

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Care Products Ltd., a listed company, has outstanding 2,000, 8% Debentures of ₹ 1,000 each redeemable at a premium of 10% on 31st December 2023

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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