denomination of shares in public issue

Question

Who make decisions on the denomination of shares in the public issue by a company?

Answer 1

There are many conscientious personalities who take the decision in the denomination of shares in public issue of the company and they people are illustrated below:-

i). Company directors: take decision on the base of the return and profits of the company. They as well get involved in the discussion where they see all the positives and negatives regarding the issue which is having with the company.

ii). Company secretaries: company secretary can be also named as joint secretary of the company as it is a person who appears to the directors to have the information and capability to fulfill the works of a secretary.