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Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023

706 viewsNovember 1, 2023Redemption of Debentures

Anurag Pathak27.10K November 1, 2023 0 Comments

Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023, How much amount it should transfer to Debenture Redemption Reserve (DRR) and when?

Anurag Pathak Changed status to publish November 1, 2023

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1 Answer

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

Solution:-

Nil

Explanation:-

Listed companies are exempted 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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Sunflower Ltd., a listed company, had outstanding 5,000, 8% Debenture of ₹ 1,000 each due for redemption on 30th September, 2023

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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