When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately
A.
on pro-rate
B.
at discount
C.
at par
D.
at premium
Correct Answer: Option A
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}