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Enhanced share certificate drafting and issuance

EquityList Product Updates

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Enhanced share certificate drafting and issuance

We’ve made major improvements to the share certificate drafting and issuance flow. Cap table admins can now seamlessly start drafting a new share certificate and issue it to the shareholder, all in one go!

You can find it under Cap Table > Shares > Share Certificates > New.

The changes include:

  • Updated user interface: Guides you through the process step-by-step, making it easier to follow and reducing errors.
  • Option to save work-in-progress with drafts: Allows you to pause and resume your work without losing progress.
  • Automated email notifications to shareholders: On each new issue, send an email directly to your shareholder to accept and view the new share certificate.
  • Record share certificate possession: Keep track of who owns the original share certificate; the company or the shareholder.
  • Dynamic calculation for your ease: EquityList will automatically calculate the distinctive number of shares, the total price per share based on face value and share premium, and even the total capital contribution. You can still override these values despite the platform’s prompt.
  • (For Indian companies) New data capture fields: Ensures compliance and accuracy with fields for Folio No., Face Value of Shares, Share Premium, and Distinctive Number of Shares (From and To).