Hi,
Can denomination of share certificates be changed ? Suppose company xyz has paid up capital of 1 lakh and issued 10 share certificates of denomination 10000.
Now the company has issued bonus of 20,00,000 ---- now there is need to issue share certificate for 20 lakhs.
Now my query is can i issue share certificate of denomination 50000 in place of 10000 ?
CAclubindia
