what does the term "unclassified shares" mean?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 April 2011
what does the term "unclassified shares" mean? please explain by giving an example.
RAMESH KUMAR VERMA
(Expert)
18 April 2011
Unclassified share means that shares will classified as Equity or Preference at the time of issue .
for more info link is :-
https://www.caclubindia.com/experts/reclassification-of-unclassified-shares-86771.asp
for more info link is :-
https://www.caclubindia.com/experts/reclassification-of-unclassified-shares-86771.asp
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