Sir A Private Limited Company wishes to reduce the the face value of its equity shares from Rs.10 to Rs.2 without changing the Net Holdings
For Example:
Party A has 100 Shares @ Rs10 each= Rs.1000 worth of shares
after reduction of face value from Rs 10 to Rs. 2
Party A has 500 Shares @ Rs.2 each = Rs. 1000
https://onlinelawclub.com/procedure-for-sub-division-of-share-capital-under-companies-act-2013/
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CAclubindia
