AUTHORIZED CAPITAL:
100000 equity shares of 10 each
ISSUED AND SUBSCRIBED CAPITAL
90000 equity shares of 10 each paid up....
company decided to issue bonus shares in 1:4 ratio..
what will be the increased AUTHORIZED share capital?
If ratio is 1:4 (as mentioned in query ) then for every single share holder , they will get additional 4 bonus shares . Is it correct?.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
