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Commerce · Q331

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 331

Q331

SEBI, in recent times, has made it mandatory for listed companies to disclose to the public the number of 'Encumbered Shares'. What do such shares mean?

A.
Shares held by promoters
B.
Promoter's holding pledged with lenders
Answer
C.
Shares not issued by the company
D.
Preference shares

Answer: Option B

Solution

Answer: Option B
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