NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes
Page 13 Of 136
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Authorised capital: Maximum equity capital a company can issue, as per its Memorandum of Association.
Issued capital: Portion of authorised capital issued to investors.
Paid-up capital: Portion of issued capital fully paid by shareholders.
Outstanding shares: Total shares issued and held by investors, including retail and institutions.
Fully paid shares: Shares where the entire face value is paid upfront by shareholders.
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