Query on Bonus Issue

    Posted By : CS Gaurav / Published on : 05-Jan-2018 11:25 PM / View : 456 / Comment : 0
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    Dear Members A company issues CCPS which are converted into equity shares at the end of 6th year. In the Interim period of 6 years the company plans to issue Bonus to equity share holders. Whether this is permissible. ? Also whether the CCPS holder will be entitled to Bonus shares?? Appreciate members inputs on same.
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