Galaxy Finance Ltd., a listed NBFC, had issued on 1st April, 2018, 20,000, 12% Debentures of ₹ 100 each redeemable by draw of lots as under:
Galaxy Finance Ltd., a listed NBFC, had issued on 1st April, 2018, 20,000, 12% Debentures of ₹ 100 each redeemable by draw of lots as under:
How much should be the minimum investment or deposit in specified securities as per Companies Act, 2013 before redemption of debentures? When should it be made?
| During the year ended on 31st March, 2019 | 15% |
| During the year ended on 31st March, 2020 | 25% |
| During the year ended on 31st March, 2021 | 15% |
| During the year ended on 31st March, 2022 | 25% |
| During the year ended on 31st March, 2023 | 20% |
Anurag Pathak Changed status to publish November 2, 2023
