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Redemption of pref shares

How did â?¹31250 come for calculating CRR ? in Illustration 5

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62048bos50398cp7.pdf


Kumar Sarthak

Kumar Sarthak

CA Inter

9K+

06-Mar-21 16:44

16

Answers (2)

CRR amount should have been 27,500 [65,000 (face value of pref. shares) - 37,500 (face value of equity shares issued]. 31,250 looks a typo.


Sahibdeep Singh

Sahibdeep Singh

Moderator

07-Mar-21 15:29

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