Question

38. How many Equity shares were offered for issue by Bright Star Ltd? (A) 40,00,000 shares. (B) 50,00,000 shares. (C) 35,00,000 shares. (D) 32,00,000 shares.​

Answer 1

Answer:

32,00,000

Explanation:

option D is the right option. 32,00,000

Answer 2

(D)32,00,000 equity shares were offered for issue by Bright Star Ltd.

Explanation:

• It's an unlisted private corporation that's categorized as a company limited by shares.
• Brightstar PVT LTD has been primarily engaged in the trading sector for the past 55 Years, and the company is still operational.
• 32,00,000 Equity share are offered for Bright star Ltd. The company has received notification from its step-down subsidiary.
• That is a binding share purchase Agreement relating to the acquisition of 100 percent Equity offered.