noimnal share value

This query is : Resolved 

26 May 2009 what is mean by nominal value of capital?

27 May 2009 Nominal value of the shares means the face value of the shares. It is fixed by the Company at the time of issue / subcription of shares. It is the maximum value which can be demanded by the Company from the shareholders who subscribe to the shares.

27 May 2009 Agree with Mr. Ramesh.

You may also change the face value by share later on.




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