Issue of shares
- 4 years ago
Issue of Shares is the process in which companies allot new shares to shareholders. Shareholders can be either individuals or corporates. The company follows the rules prescribed by Companies Act 2013 while issuing the shares. ... The process of creating new shares is known as Allocation or allotment.
Common shares and preference shares are typically the two types of shares that are issued. Unlike the latter, which forbids the holders of any rights, the former permits voting rights to shareholders. In the event of a profit, the dividend is transferred to both.
Common shares and preference shares are typically the two types of shares that are issued. Unlike the latter, which forbids the holders of any rights, the former permits voting rights to shareholders. In the event of a profit, the dividend is transferred to both.