Answer in one sentence:What is capitalisation of reserves ? - Secretarial Practice

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One Line Answer

Answer in one sentence:
What is capitalisation of reserves?

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Solution

Capitalisation of reserves is to capitalise profits of the company and to provide additional (bonus) shares to the existing equity shareholders without any additional cost.

Concept: Circumstances Under Which a Secretary Has to Enter into Correspondence with Members
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Chapter 6: Correspondence with Members - Exercises [Page 103]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. H) 2. | Page 103
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