Share Premium can be increased???

This query is : Resolved 

24 December 2010 A company has issued its shares at Rs 10 + RS 5 (share premium) to its investor. Later on can the company further issue its shares at an increased premium say at Rs 15 per shares to its investors?

24 December 2010 Yes. There is no bar on change of premium charges.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries