Wht is treasury stock? like in case of RPL.
2 Replies
CA Manish K Dhoot
(CA, B. Com, NCFM, CPCM)
(5015 Points)
Replied 05 March 2009
i m surprised that no one has provided me the answer of this ques. i have posted this ques. before 3 days
Nitesh
(service)
(136 Points)
Replied 12 May 2009
RIL will be having its investments in RPL. So when RPL is merged with RIL what will happen to Its Investments in RPL.
I beleive it becomes Treasurery Stock and is used as SPV in future to unlock shareholder value.
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