Which of the following is a mandatory disclosure related to share capital for a period of 5 years preceding the balance sheet date?
Answer & explanation
Correct answer: option 2
The correct answer is option 2- The number and class of shares bought back.
Over the period of the last 5 years prior to the preparation date of the balance sheet, the following information needs to be disclosed:
(a) Shares reserved under contracts/commitments.
(b) The number and class of shares bought back.
(c) The number and class of shares allotted for consideration other than cash and bonus shares.