A company can buy back its securities through which of the following routes?
AFrom existing security holders on proportionate basis
BFrom the open market
CAll of the above
DBy purchasing securities issued under ESOP / sweat equity
Answer & Solution
Correct answer: C. All of the above
1. Step 1: Sec 68(5) permits all three routes for buy-back.
2. Step 2: Listed companies face additional SEBI regulations on each route.
3. Step 3: Hence (D).
_Source: ICAI BoS CA Inter Paper 1, Ch 12 "Buy-Back of Securities"_