Securities Premium Account definition

Securities Premium Account means the line item classified as securities premium as presented in the balance sheet of the Transferee Company, forming part of the reserves and surplus of the Transferee Company;
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Securities Premium Account or 'SPA' means the balance of Rs. 589,72,28,735/- (Rupees Five hundred and eighty nine crore seventy two lacs twenty eight thousand seven hundred thirty
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Securities Premium Account means the line item classified as securities premium as presented in the balance sheet of the Amalgamating Companies and Amalgamated Company, forming part of the reserves and surplus of the Amalgamating Companies (if any) and Amalgamated Company;
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Examples of Securities Premium Account in a sentence

  • Share issue expenses are adjusted against the Securities Premium Account as permissible under Section 52 of the Companies Act, 2013, to the extent any balance is available for utilisation in the Securities Premium Account.

  • Securities Premium Account: This account is created when shares are issued at premium.

  • Share issue expenses in excess of the balance in the Securities Premium Account, if any is expensed in the Statement of Profit and Loss.

  • Premium so received shall be credited to a separate account called Securities Premium Account.

  • Nature and Purpose of Reserves: Securities Premium Account: This account is created when shares are issued at premium.

  • Share issue expenses in excess of the balance in the Securities Premium Account is expensed in the Statement of Profit and Loss.

  • The Employees Compensation Expense is transferred to Securities Premium Account.

  • Share issue expenses are adjusted from Securities Premium Account as permitted by Section 52 of the Companies Act, 2013.

  • With the exercise of options and consequent issue of equity shares corresponding ESOS outstanding is transferred to Securities Premium Account.

  • The premium, if any payable on redemption must be provided for out of the profits of the Company or out of the Company’s Securities Premium Account before the shares are redeemed.


More Definitions of Securities Premium Account

Securities Premium Account means the securities premium account maintained by the Company in accordance with the provision of Section 52 of the Companies Act, 2013 and having such amount as shown in the audited standalone financials of the Company as on March 31, 2022;
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Securities Premium Account means the securities premium account maintained by the Company in accordance with the provisions of Section 52 of the Companies Act, 2013 and Section 78 of the Companies Act, 1956 having such amount in it as on 31 March 2016;
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Securities Premium Account means the securities premium account maintained by the Company in accordance with the provisions of Section 52 of the Companies Act, 2013 and having such amount in it as on 31st December, 2023;
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Securities Premium Account means the securities premium account maintained by the Transferor Company in accordance with the provisions of section 52 of the Act and having such amount as shown in the audited stand alone balance sheet as at June 30, 2020;
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Related to Securities Premium Account

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Debt Service Reserve Account shall have the meaning assigned to such term in the Depositary Agreement.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Reserve Accounts means, collectively, the Tax and Insurance Escrow Account, the Replacement Reserve Account, the Required Repair Account, the Rollover Reserve Account, the Occupancy Reserve Account, the Excess Cash Reserve Account, the Net Proceeds Account, the Payment Reserve Account, the TI/LC Reserve Account and any other escrow or reserve account established pursuant to the Loan Documents.