While issuing bonus share, the issued and paid up capital is increased than authorised capital due to bonus issue,
Then, by which amount the authorised capital should be increased ?
Example
Authorised capital:
1,00,000 equity shares @ 10 each
Issued and paid up capital:
90,000 shares @ 10 each
Bonus shares to be issued in the ratio of 1:4
Then how to increase authorised capital?