Bonus issue


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2013 person holding 1 share

company given 1 bonus share for holding of 2 shares.

than what about the person holding 1 share ?

is the fraction amount to be given or what?

11 July 2013
These fraction can be cleared as Joint holding of fractional shares or cash can also be used for this situation

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11 July 2013 in that case, it is advisable to issue one bonus share who is holding one share only.


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