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    Increase in Authorised Capital

    Posted By : damini / Published on : 31-Jan-2020 07:51 AM / View : 298 / Comment : 0

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    If a company has been incorporated with Rs. 10 lakh Capital (1,00,000 Equity Shares of Rs. 10/- each.) and now company wants to increase Authorised Equity Share capital up to Rs. 1 cr./-. So the company can increase by 90,000 shares of Rs. 100 each????

    Can a Company increase share capital with the different denominations of share, if yes then what's the procedure should be followed?
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