Quick Limited is in business of production of life saving medicines. It has sufficient cash funds available with it. It decided to buy back shares…

Quick Limited is in business of production of life saving medicines. It has sufficient cash funds available with it. It decided to buy back shares to the maximum permissible limit on 4 th July 2025. On 1 st July 2025, the company has the following Capital Structure: Particular (₹ in lakhs) I Equity Share Capital (Shares of 100 each fully paid) 45.00 II Reserve and Surplus General Reserve 74.00 Securities Premium Account 30.00 Profit & Loss Account 25.00 Revaluation Reserve 4.00 Statutory Reserve 6.50 III Loan Funds 350.00 Quick Limited is considering to reduce the Loan Fund amount to 300 Lakhs by paying the Loan Funds amounting to 50 Lakhs before 4 th July 2025. The current market value of the company's shares is 250 per share and to induce the existing shareholders to offer their shares for buy-back, it is decided to offer a price 20% over the market value. Based on the information given in above Case Scenario, answer the following Question Nos. 11-14: