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Give an example of raising share capital. |
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Answer» Suppose a company needs ₹ 1,00,00,000 (₹ 1 crore) as capital from shares. The company divides this amount into 10 lakh shares of ₹ 10 each. This means that the price of one share, (part) of this company is ₹ 10 and the share capital is divided into 1 lakh shares. |
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