Question
GHI Ltd has a net worth of ₹12 crore, consisting of equity share capital of ₹8 crore and free reserves of ₹4 crore. The face value of each equity share is ₹20. During the year, the company carried out a buy-back of 15% of its equity shares at ₹65 per share, fully in compliance with the Companies Act, 2013. What amount should be transferred to the Capital Redemption Reserve (CR
- R ?
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