As per section 52 of the Companies Act, 2013, the amount of Securitie…

The correct answer is Option (4) → To write off interest on debentures

Section 52 allows Securities Premium Reserve to be used only for five purposes: issuing fully paid bonus shares, writing off preliminary expenses, writing off expenses / commission / discount on issue of securities, paying premium on redemption of preference shares or debentures, and buy-back of the company's own shares. Interest on debentures is a revenue charge against profit, so it can never be written off out of securities premium.

Option (1) To write off preliminary expenses — A permitted use.

Option (2) To issue fully paid bonus shares — A permitted use.

Option (3) To buy back its own shares — A permitted use.