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capital redemption reserve

H

hardik

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is it created out of difference between nominal value of fresh proceeds and redeemed preference shares. or is it created by the total difference between proceeds from issue of new shares and redeemed shares.(in this part, share premium is also included)

for instance
fresh issue $50
redeemed preference shares $100(at a premium of $50)

so, CRR should at

nominal difference= $50

total difference= $100
 
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