Bonus Issue


This query is : Resolved 

23 July 2009 Hello Experts,

My Company has declared Bonus Issue and have fixed the record date for it,and submitted the announcement to BSE, NSDL and CDSL
But i dont want to give the advertisement for it in the news papers u/s 154.
can i have the option to do it?

Pls Reply fast.

Thanks in advance
Jalpa

Ankur Garg (Expert)
23 July 2009 Hi,

Advertisement for it in the news papers u/s 154 is mandatory. You can not escape.

As per 154 closure is optional but if company opt to close its books then in that case notice in newsparer is necessary.

Regards



23 July 2009 thanks ankur


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