Prospectus issued by a public company limited by shares, when it issues:

The correct answer is: C. Shares to public

A prospectus is a document that is issued by a company when it is offering shares to the public for the first time. It must provide information about the company, its business, and its financial situation.

Bonus shares are shares that are issued to existing shareholders without any additional payment. They are usually issued as a way of rewarding shareholders or to increase the company’s share capital.

Right shares are shares that are offered to existing shareholders at a discount to the market price. They are usually issued as a way of raising new capital without having to issue new shares to the public.

Shares in conversion of loans and debentures are shares that are issued to lenders in exchange for their loans or debentures. This is usually done as a way of restructuring the company’s debt.

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