Buy back of equity shares in any financial year shall not excees 25% of its
Answers
Answered by
0
Answer:
The buy-back should be less than 25% of the total paid-up capital and free reserves of the company, and the buy-back of equity shares in any financial year should not exceed 25% of its total paid-up equity capital in that financial year; ... But, there cannot be more than one such buy-back in a period of 365 days.
Explanation:
Follow me
Similar questions