Question
ABC Ltd had issued 20,000 debentures with FV of Rs.100
each, redeemable at 5% premium. Debenture holders have an option to convert 20% of redemption value of their holdings into equity shares having face value of 10 issued at a premium of 50%. If, 2500 debenture holder did not avail the conversion option, how many shares would the company have to issue?Solution
Debentures converted = 20,000 – 2500 = 17,500 Conversion value = 17500 *105 *20% = 367,500 Value of each share = 10+5% premium = Rs.15 Total number of shares required to be issued = 367500/15 = 24,500 shares
In a certain code language, āGEMINIā is coded as '63' and āTAURUSā coded as '380'. What is the code of word āPISCESā in the same coding lan...
In certain coded Language 35791 is written as 44882. How 678214 can be written in that code?
CARVOT
The code āIPGEā represents which of the following word?
Which of the following code for āillegalā?
In a certain code language ‘LARGE’ is written as ‘BMRFH’ and ‘CUPID’ is written as ‘VDPEJ’. How is &lsqu...
The code ākjā represents quality of the following word?
. If 'PEAR' is written as 'REAP', then 'MAINā is written as
What is the code for ābookā in the given code language?
In a certain code, if REJOICE is coded as 331517, what is the code for HARMONY?
