We want to increase capital of the company
The amount of Reserves & Surplus can be used for this? (its under share holder funds in balance sheet)
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Capital increase
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you can increase capital by way of bonus issue by utilizing free reserves and accumulated profits.
would like to elaborate a bit
if we have 80lac in Reserves & Surplus & we would introduce 70lac capital, is it sufficient to make our capital 1.5cr?
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