RBI Prrmission
This query is : Resolved
sunil sharma
(Querist)
06 May 2010
Dear all,
Plz Tell me, Whether we need to take permission of RBI to Allotment of Bonus Shares to Our NRI Director?
Plz Tell me, Whether we need to take permission of RBI to Allotment of Bonus Shares to Our NRI Director?
Ankur Garg
(Expert)
08 May 2010
Prior permission of RBI is not required for allotment. However intimation to RBI is necessary.
Regards
Regards
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