[ISC] Q 25 Redemption of Debenture TS Grewal (2023-24)

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Solution of question number 25 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)

Sun Chemicals Ltd. a listed public Limited Company is a manufacturer of chemical fertilisers having turnover of ₹ 50 crore. The company has issued 1,00,000; 10% Debentures of ₹ 100 each at par. Determine the amount of Debentures Redemption Reserve which shall be set aside to meet the requirement of law before redemption of the debentures.

Solution:-

NIL

Listed company are exempted to create DRR for the purpose of Redemption of Debenture.

Here is the list of all Solutions of Redemption of Debenture of TS Grewal class 12 ISC Board 2023-24.

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55Question – 55
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