Urgent
If bonus shares is to be issued and allotted in September, 2010, then whether such shares qualify for the dividend declared subsequent to that year for F.Y. 2010-11?
Urgent
If bonus shares is to be issued and allotted in September, 2010, then whether such shares qualify for the dividend declared subsequent to that year for F.Y. 2010-11?
If u have isued the bonus shares before the record date in whose folio they are he will get the devidend on that.
dear Sadhana
When we issue share we use word PARI PASSU in resolution. so that bonus shares are qualify for dividend.
ya in above case bonus shares will get dividend but dey should be issued before the declaration of dividend....nd if dey are issued after declaration of dividend den dey are not liable 4 getting dividend
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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