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Querist : Anonymous

Querist : Anonymous (Querist)

22 September 2012 In case of splitting up of a share, what will be the share certificate no. of the new two shares allotted in place of original share?

Ajay Mishra

Ajay Mishra (Expert)
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22 September 2012 Hi

Yes, if one share certificate is issued for 10000 shares then it Contain followings:
1. Folio no 01
2. Certificate No. 01,
3. No. of share 10000,
4. Name of Shareholder
5. Distinctive No. 01-10000

If the said share certificate is spletted in to 2 share certificate of 5000 shares each then, all point of above will be same except point no. 2, 3 and 5. likw..
2. Certificate No. 2 or 3
3. No of shares 5000
5. Distinctive no. will be 01-5000 or 5001-10000.

Regards