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Share Premium can be increased???

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(Querist)
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?
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Rasesh

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Rasesh (Expert)
24 December 2010 Yes. There is no bar on change of premium charges.

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