Current Affairs

Share Capital of Bharatiya Beej Sahakari Samiti Limited

Share Capital of Bharatiya Beej Sahakari Samiti Limited

The authorized share capital of Bharatiya Beej Sahakari Samiti Limited (BBSSL) is ₹500 crore.

The Society can increase its authorised share capital in accordance with clause 18 (2) of its bye-laws. As per clause18 (2), the society at its general meeting, may, from time to time, increase the authorized share capital by creation of new shares of such number and amount as may be deemed expedient with the prior approval of the Central Registrar.

No proposal for increasing the authorized share capital has been initiated so far.

This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha.

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