[ISC] Q 5 Redemption of Debenture TS Grewal (2023-24)

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Solution of question number 5 of Redemption of Debenture Ts Grewal class 12 ISC Board (2023-24)

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?



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

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