A Ltd decided to redeem 1000, 12% Debentures of ₹100 each on 31 December 2022. The company must invest in specified securities on or before:

30-Apr-22

If the requirement is that A Ltd must create a Debenture Redemption Investment (DRI) on or before 30th April of the current year, then the company must make the investment in specified securities by that date. In this case, since the debentures are to be redeemed on 31st December 2022, the company would need to create the DRI and invest in specified securities on or before 30th April 2022. This allows sufficient time for the company to accumulate the funds required for the redemption and ensure they are invested in appropriate securities as per the terms of the debenture agreement or relevant regulations.