Total equity capital of a company is divided into equal units of small
denominations, each called a share. For example, in a company the total
equity capital of Rs 2,00,00,000 is divided into 20,00,000 units of Rs 10
each.
Each such unit of Rs 10 is called a Share. Thus, the company then is
said to have 20,00,000 equity shares of Rs 10 each. The holders of such
shares are members of the company and have voting rights.
denominations, each called a share. For example, in a company the total
equity capital of Rs 2,00,00,000 is divided into 20,00,000 units of Rs 10
each.
Each such unit of Rs 10 is called a Share. Thus, the company then is
said to have 20,00,000 equity shares of Rs 10 each. The holders of such
shares are members of the company and have voting rights.
