Detailed procedure to issue bonus shares with sample format

Priyanka T , Last updated: 08 May 2019  
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A bonus share is a free share of stock given to current shareholders in a company, based upon the number of shares that the shareholder already owns.Once the Company announces the Bonus Issue, on authorization by the Board, it cannot be withdrawn. Bonus shares may be issued out of (i) its free

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Priyanka T
(CS)
Category Corporate Law   Report

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