Can a private limited company issue bonus shares?



We are a private limited company engaged in manufacturing of a food product.

We have just commenced production. We would like to issue bonus shares to our original
founders.

Is there any restriction or paper work required to issue bonus shares?

 
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Accountant

No, you can't issue bonus shares to promoters
 
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Originally posted by : Jatin
No, you can't issue bonus shares to promoters

Thanks, Can we issue rights at a premium to the promoters?

 
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no u can't issue share to promotor
 
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absolutely not to promoters

Total likes : 1 times

 
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