Further Issue of Shares

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Further Issue of Shares

Further Issue of Shares is a procedure where the Company can infuse funds by issuing additional shares, either to existing shareholders or outsiders, to meet its Financial & other capital requirements. The Company can raise its Paid-up capital by issue of shares from its present authorised share capital in following ways;

  1. Rights issue (to existing Shareholders)
  2. Private Placement (to select Group of persons)
  3. Preferential Allotment (Preferred Group of persons)

The Company is required to intimate such allotment made to Registrar of Companies (Roc) in Form PAS-3 Within 30 days of allotment, along with other forms & documents as required under the Companies Act, 2013.

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