Contracted allotment of stock is the authorized amount of stock that company may issue for various reasons. Typically, an allotment of stock will be issued in lieu of cash when acquisitions occur.
Example sentences for the noun 'allotment':An allotment of water was distributed to each tornado victim.We calculated the grant allotment at twelve dollars per student.We were able to purchase it with a government allotment.
what is the procedure of allotment of shares?
what is the procedure of allotment of shares?
> tallies and analyzes applications > executes procedures for provisional allotment for the submission to the investment house. > upon confirmation of clearance of allotment by the sec, sends out stock certificates to successful investors. > verifies ownership of dematerialization process.
I can put allotment in a sentence.
The duration of Allotment Wives is 1.33 hours.
His allot want her allotment of time for study to be 3 hours. She tried to keep her allotment of time for study at three hours or less. In order to balance his budget, he decreased his allotment of money for fun things.
Kumpula Allotment Garden was created in 1927.
Allotment Wives was created on 1945-11-08.
Pro rata allotment refers to the distribution of resources or shares in proportion to the amount each party is entitled to based on their existing holdings or contributions. For example, in a stock offering, if a shareholder is entitled to a certain number of shares based on their current ownership, a pro rata allotment ensures they receive shares in alignment with that entitlement. This method helps maintain fairness and balance among participants, especially when demand exceeds supply.
1.Allotment is valid with min fine to BOD - Allotment made with out min application money - Allotment made before expiry of 5th date - Allotment is made without issuing prospectus and state lieu of prospectus to ROC 2.Voidable option to allottee. 3.Void
An allotment can be any size. It is a share or a portion of something which is given to an individual or group.