Advertisements
Advertisements
प्रश्न
An extract of the Balance Sheet of Nova Ltd. shows:
| Particulars | 31st March, 2026 (₹) | 31st March, 2025 (₹) |
| Share Capital (Equity shares @ ₹ 10 each) | 8,00,000 | 5,00,000 |
| Securities Premium | 70,000 | 1,70,000 |
During the year 2025-26, the company raised its share capital by issuing bonus shares to the shareholders at the beginning of the year in the ratio of 1 : 5 (one bonus share was issued for every five equity shares). The balance shares were issued for cash to the public.
How many shares were issued for cash by the company?
Advertisements
उत्तर
Number of equity shares in the beginning (31.3.2025) = `(5,00,000)/10` = 50,000 share
Number of equity shares at end (31.3.2026) = `(8,00,000)/10` = 80,000 shares
Number of shares issued during the year 2022-26 = 80,000 − 50,000 = 30,000 shares
Ratio in which bonus shares are issued = 1 : 5
Number of bonus shares issues = 50,000 × `1/5` = 10,000
Number of shares issued for cash = 30,000 − 10,000 = 20,000
