Examples of Authorised Share Capital in a sentence
Changes in Authorised Share Capital Since incorporation, the capital structure of our Company has been altered in the following manner: 1.
Upon the Scheme being finally effective, the Authorised Share Capital of Marpol of Rs. 5,00,00,000 divided into 50,00,000 equity shares of Rs. 10 each will stand subdivided into 5,00,00,000 equity shares of Re. 1/- each and will get merged with that of Nerolac without payment of additional fees and duties as the said fees have already been paid and the Authorised Share Capital of Nerolac will be increased to that extent and no separate procedure shall be followed under the Act.
The Increase in Authorised Share Capital is conditional upon the passing of an ordinary resolution by the Shareholders at the EGM.
Authorised Share Capital The authorised share capital of the ICAV at the date of this Prospectus is 500,000,000,000 redeemable Shares of no par value and 300,002 redeemable Management Shares of no par value issued at €1 each.
As on 31.03.2017, the Authorised Share Capital of EESL is ` 500 crores divided into 50 crore equity shares of ` 10 each and Paid-up Share Capital is ` 462 crore divided into 46.2 crore Equity shares of ` 10 each, shareholding of POWERGRID being ` 22.5 crore (4.9%).Financial Highlights of the Company:(` in crore)ParticularsFiscal 2017Fiscal 2016POWERGRID’s investment in Equity22.522.5Gross Income1227.18803.11Profit after Tax51.8637.08Earning per Share*1.252.73*Face value per Share is `10/- each.