NISM Series II A : Registrars to an Issue and Share Transfer Agents - Corporate Exam Notes

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  • Stock consolidation: Increases face value, reducing the number of shares without changing total value.
  • Buyback: Company repurchases its shares, reducing outstanding shares and capital.
  • Forfeiture: Shares can be forfeited if shareholders fail to pay call money on partly paid shares.
  • Preference shares: Offer fixed dividends and priority in dividend and capital repayment.
  • Cumulative preference shares: Unpaid dividends accumulate and are paid when profits are available.

NISM RTA Corporate

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