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When shares are oversubscribed, the promoter nay decide to scale down the number of ...

When shares are oversubscribed, the promoter nay decide to scale down the number of shareholding when this is done, the shares are being
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  • A Forfrited
  • B Issued at a discount
  • C Issued on prorata
  • D Issued at par
  • E Issued at a premium
Correct Answer: Option C
Explanation:

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