Following information is given by Z Ltd as o 31st March 2025: in lakhs Share Capital Equity shares of 10 each fully paid up 800 11% Redeemable…

Following information is given by Z Ltd as o 31st March 2025: in lakhs Share Capital Equity shares of 10 each fully paid up 800 11% Redeemable Preference shares of 100 each fully paid up 200 Reserve and surplus Capital redemption Reserve 50 Securities Premium 100 General Reserve and profit and Loss (Combined balance) 600 Secured Loans 9% Debentures 250 Current Liabilities 10 Fixed Assets 1200 Investments 95 Cash at bank 320 Other Current Assets 840 On 1st April, 2024 Z Ltd redeemed all its preference shares at a premium of 5%. Z Ltd. bought back 8,00,000 equity shares @20 per share. Buy back is fully authorized by Z Ltd.'s articles and necessary resolution has been passed for this. The payment for buy back of shares will be made through available balance in bank account. To finance Redemption of preference shares and buy back of shares, company has decided to sell its investments for 98 Lakhs. Z Ltd had 80,000 Equity stock options outstanding on the above mentioned date, to the employees @15 per share when the market price was 20 per share. (This was included under the head current liabilities). On 1st April, 2024, 70% of the employees exercised their options. Based on the information given in the above Case Scenario, answer the following Question No. 11- 13: