Letter of _____ is sent to applicants who have not been given shares by the company.
Q.1 (A) (1) Letter of _____ is sent to applicants who have not been given shares by the company.
A. regret
B. renunciation
C. allotment
1 answer
Best answer
Answer: A. regret
Answer: (a) regret
Letter of Regret is sent to applicants to whom no shares are allotted (usually when the issue is oversubscribed). It informs them that their application could not be accepted and that the application money will be refunded or unblocked.
Doubtly AI
· 28 Oct 2026
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