RR Ltd. has a paid-up equity share capital of ₹50 Crores in the year 2022-23. During the year, the company wants to issue sweat equity shares to its employees. Previously, if the company has not issued any such shares, t

CS Executive · Corporate and Management Accounting · PYQS · December 2022
RR Ltd. has a paid-up equity share capital of ₹50 Crores in the year 2022-23. During the year, the company wants to issue sweat equity shares to its employees. Previously, if the company has not issued any such shares, to what extent the company can issue such shares during this year ?
(A) ₹5 Crores
(B) ₹7.5 Crores
(C) ₹10 Crores
(D) ₹12.5 Crores

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Company Accounts

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic