Can a company make a bonus issue of preference shares?

Affluence Advisory , Last updated: 11 September 2024 Share Follow on Google News

Bonus shares are a source of earnings for shareholders and for company it is returning profit to shareholders. It is generally seen that bonus shares are of equity only. But question arises is can preference shares be issued as bonus shares to equity shareholders? Legal background Section 63. (1

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Affluence Advisory

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Why Affluence Advisory for any Tax Compliance services? Affluence Advisory Pvt Ltdis a multi-disciplinary consulting and compliance firm that is managed by a specialized team of Chartered Accountants, Company Secretaries, Corporate Lawyers, and Other Professionals who are committed to providing a quality experience ... Read more

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Can a company make a bonus issue of preference shares?

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