Can a company splits its unsubscribe share

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1359 Points Posted on 11 December 2021
a company issued 100000 shares of rs 20 each . 80000 shares are subscribed and 20000 share are not not subscribed so does the company divide its shares into 40000 share of rs 10 each ???
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On 11 December 2021 at 13:48 Report
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This discussion explores whether a company can split its unsubscribed shares. While a company can technically do many things with its shares, any decision regarding unsubscribed shares, such as splitting them or offering them for auction, requires approval from the board of directors.

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My grammar is 💯 good I
7306 Points Posted on 11 December 2021

It can do anything. It can dilute its unsubscribed shares and put them for auction. 

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On 11 December 2021 at 14:12
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Profession Business
28246 Points Posted on 11 December 2021
Unless it's approved by the board.
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On 11 December 2021 at 16:19

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