Authorized Capital
1,00,000 equity shares of Rs.10 each
Issued and Paid up capital
90,000 equity shares of Rs.10 each
Bonus issue is one share for every 4 held (1:4)
therefore issued and paid up capital will increase by 25%.
So do i need to increase my authorised capital by 25% or just the excess required of 1,25,000?
CAclubindia
