query related to merger
This query is : Resolved
CS Vandana Kacholia
(Querist)
19 December 2008
is it possible that denomination of shares could be different in merger like 5 equity shares of Rs 5 each of one company will be allotted to the shareholders of second company for every 4 equity shares of Rs 10 each.
19 December 2008
yes the vender company only payment the purchase consideration in share i.e. discharge of purchase consideration.
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