Face value example sentences

However, shares can be issued at discount in accordance with the provisions of Section 79 of The Companies Act, 1956 which stipulates that the rate of discount must not exceed 10% of the face value.If the issue price is less than the nominal or face value, it is said to be issued on discount.If the issue price is more than nominal or face value, it is said to be issued at a premium.When the shares of a company are issued more than its nominal value (face value), the excess amount is called premium and the issue is said to have been made at a premium.If the issue price is more than nominal or face value, it is said to be issued at a premium.However, shares can be issued at discount in accordance with the provisions of Section 79 of The Companies Act, 1956 which stipulates that the rate of discount must not exceed 10% of the face value.Debenture are said to be issued at par when the amount to be collected on them is equal to their nominal or face value.Debenture are said to be issued at par when the amount to be collected on them is equal to their nominal or face value.However, shares can be issued at discount in accordance with the provisions of Section 79 of The Companies Act, 1956 which stipulates that the rate of discount must not exceed 10% of the face value.If the issue price is more than nominal or face value, it is said to be issued at a premium.If the issue price is less than the nominal or face value, it is said to be issued on discount.If the issue price is less than the nominal or face value, it is said to be issued on discount.If the issue price is more than nominal or face value, it is said to be issued at a premium.However, shares can be issued at discount in accordance with the provisions of Section 79 of The Companies Act, 1956 which stipulates that the rate of discount must not exceed 10% of the face value.When the shares are issued at a price less than the face value of the share, it is known as shares issued at a discount.