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Question : Maximum limit of premium of shares is

Option 1: 5%

Option 2: 10%

Option 3: 100%

Option 4: No limit 


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: No limit 


Solution : Answer = No limit 

In the Companies Act 2013, no maximum limit of premium is defined if the company issued shares at a premium. There is no specific legal limit on the premium that can be charged on shares issued by a company. The premium charged on shares can vary based on market conditions, company performance, and investor demand. Therefore, there is no maximum limit imposed by law on the premium of shares.

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