no par stock meaning in Hindi

Examples

1. On February 7, 1930 the Bacterol Products Company announced a capital increase, from the initial 12, 000 shares of no par stock, to 41, 000.
2. Thanks in large part to a proliferation of low par and no par stock, watered stock is less of an issue these days . The last major American court case dealing with watered stock was in 1956.
3. In 1912, New York authorized corporations to issue " no par stock " with no par value at all, in which case the board of directors would allocate the incoming capital between stated capital and capital surplus.