A company may purchase its own shares or other specified securities out ofA. Free reservesB. Securities premium accountC. Proceeds of issue of any sharesD. Proceeds of issue of specified securities.Select the correct answer from the options given below

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A company may purchase its own shares or other specified securities out of<br />A. Free reserves<br />B. Securities premium account<br />C. Proceeds of issue of any shares<br />D. Proceeds of issue of specified securities.<br />Select the correct answer from the options given below