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Consolidation and sub-division of share capital
plz explain Consolidation and sub-division of share capital and how is it useful.
Replies (1)
Consolisation, It is nothing but combining more shares into single share. Sub division is dividing one share into more no of shares.
Ex:1share of rupees 10is converted into 5shares of rupees 2each.
Ex:1share of rupees 10is converted into 5shares of rupees 2each.
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