A company planned to buy-back its own shares for a consideration of ₹200 crores. For this, as per the SEBI Regulations 2018, the escrow amount that should be payable is:

CS Executive · Corporate and Management Accounting · PYQS · December 2022
A company planned to buy-back its own shares for a consideration of ₹200 crores. For this, as per the SEBI Regulations 2018, the escrow amount that should be payable is:
(A) ₹200 crores
(B) ₹50 crores
(C) ₹35 crores
(D) ₹25 crores

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Company Accounts

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