Question

SNM Ltd is making a nght issue of 50.000 shares when its existing issued and
subscribed capital is 200 000 shares. This enables any shareholder having 20
shares to subscribe to 5 now share. For how many shared Nr. Jain, an existing
shareholder holding 460 shares can apply as a matter of right?

Answer 1

Answer:

"460" (and any subsequent words) was ignored because we limit queries to 32 words.

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