Dear All,
Can company issue 5 equity shares of face value of Rs. 10 at Rs, 18.10 including premium of Rs. 8.10 per equity shares aggregating to Rs. 90.50.
My intention is to know whether premium amount can be in fraction.
i feel premium can be in fraction but not the face value.
Yes, premium amount can be in fraction. There is no issue.
Fytomax Nutrition Private Limited
Aurangabad
CA Inter
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
Krea University
Chennai
CA
View Details
CCI
Pro
CAclubindia
