Bonus shares

Pvt ltd 510 views 2 replies

A NBFC WANT TO ISSUE BONUS SHARES TO THE EXISTING SHAREHOLDERS

MY QUESTIONS:

1. DOES A LOSS MAKING COMPANY CAN ISSUE BONUS SHARES

2. WHAT IS PROCEDURE TO ISSUE BONUS SHARES.

3. IS THERE ANY CONDITIONS THAHOW MANY YEARS OLD RESERVES CAN BE USE FOR ISSUE OF BONUS SHARES.

 

 

Replies (2)

off course u issue bonus share as same procedure which is similar to normal , bt upto certain limit which is 10% of last dividend

Dear not a satisfactory answer


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