Share Capital

Share Capital operations manage changes in share ownership, commitments, restrictions, and withdrawals.

Use this area for transactions that affect units, value, restrictions, shareholder commitments, or exit requests.

Workspace Reference

Workspace	How Users Reach It	Main Actions
Transactions	Shares -> Capital -> Transactions	Use transaction create/edit actions for issues, purchases, transfers, redemptions, call payments, reinvestments, adjustments, and reversals where allowed.
Pledges	Shares -> Capital -> Pledges	Use Create Pledge from a share account or pledge workspace, then release, enforce, or review pledge status according to policy.
Calls	Shares -> Capital -> Calls	Use Create Call to raise capital-call obligations for eligible products and accounts.
Withdrawals	Shares -> Capital -> Withdrawals	Use New Withdrawal Request or Request Withdrawal from account context when a holder asks to exit, redeem, or withdraw eligible shares.

Share Transactions

Share transactions record changes to a share account. Depending on product rules, users may process:

• share issue or purchase;
• allotment;
• contribution;
• transfer between holders;
• redemption or buyback;
• exit refund;
• capital-call payment;
• dividend reinvestment;
• adjustment or correction;
• reversal where policy allows it.

Important fields usually include the share account, product, transaction type, unit quantity, unit value or amount, effective date, narration, funding or settlement reference, and any approval notes.

Field	Meaning
Share Account	The ownership account affected by the transaction.
Transaction Type	The kind of ownership movement, such as issue, transfer, redemption, call payment, reinvestment, or adjustment.
Transaction Channel	The source or settlement channel used when funds are involved.
Units	The number of shares affected.
Price Per Share	The value basis used to calculate the transaction amount where applicable.
Amount	Monetary value of the transaction.
Effective Date	Date the ownership or financial effect should apply.
Deposit Account Or Settlement Reference	Funding or payout reference when cash movement is involved.
Narration	User-facing explanation for the transaction and audit trail.

High-impact transactions should go through approval before they affect balances or accounting. If finance posting or approval is required, do not treat the account balance as final until the transaction reaches a completed state.

Transfer Checks

Before transferring shares:

• Confirm the source account has available units.
• Confirm the target holder and target account are eligible for the product.
• Confirm the product allows transfer and whether approval is required.
• Check whether certificates must be surrendered, cancelled, or reissued.
• Check whether pledged or locked units are excluded from the transferable balance.

Share Pledges

A share pledge restricts shares because they are being used as security for another obligation. While pledged, those shares may not be freely transferred, withdrawn, redeemed, or used in some eligibility calculations.

Typical pledge lifecycle:

1. Create the pledge against eligible available shares.
2. Link the pledge to the obligation or reason being secured.
3. Review the pledge amount, unit quantity, expiry, and evidence.
4. Approve or activate the pledge.
5. Release the pledge when the obligation is cleared.
6. Enforce the pledge only when policy allows.
7. Reverse or correct enforcement only through controlled approval.

Pledge screens should help users distinguish available units from pledged units. Do not release pledged units without confirming the secured obligation has been resolved.

Capital Calls

Capital calls request shareholders to contribute additional share capital or fulfill a committed capital obligation.

Users should confirm:

• affected product or share class;
• eligible shareholders or accounts;
• call basis, such as fixed amount, amount per unit, percentage, or policy-defined formula;
• call amount and due date;
• notices or communication requirements;
• payment handling and allocation method;
• approval status;
• accounting and reporting impact.

Typical capital-call flow:

1. Create the capital call.
2. Review the eligible accounts and calculated amounts.
3. Approve or publish the call.
4. Track payments or contributions.
5. Allocate received payments to the correct shareholder obligations.
6. Follow up on overdue or partially paid obligations.
7. Close or complete the call when all required actions are done.

Withdrawal Requests

Withdrawal requests allow shareholders to request release, redemption, or exit payment where product rules allow it.

Typical withdrawal flow:

1. Create the request for the correct account and product.
2. Review available units, pledged units, locks, notices, and minimum-holding rules.
3. Confirm requested units or amount.
4. Review supporting notes and payment destination where required.
5. Approve, return, or reject the request.
6. Process payment through the appropriate payment workflow.
7. Confirm the share account, certificates, restrictions, and accounting impact.

Withdrawals should not bypass the payment workflow. The share module decides eligibility and ownership impact; payment processing should still use the approved cash, bank, wallet, or payout process configured for the organization.

Good Practice

Do not process withdrawals, pledge releases, transfers, redemptions, or capital adjustments without reviewing restrictions, pending approvals, available share balance, certificate status, and accounting readiness.