Hi Members,
Can a company issue bonus shares in the ratio of 1 : 1 ? Is there
any limit on the amount to be used from the reserve for the said
purpose ?
Regards,
Vidushi
Dear All,
Please confirm whether ordinary resolution is required to be passed for issue of bonus equity shares and whether such ordinary resolution will be required to be filed in e-form MGT-14.
Section 63 of the Companies Act, 2013 provides that the issue of bonus shares to be approved by the members at the general meeting. Also e-form PAS 3 requires for the SRN of MGT-14 so filed. Both of these do not provide that the resolution should be special resolution. However, the help kit of PAS 3 says that copy of special resolution approving the issue of bonus shares is a mandatory attachment.
Dear All,
Is it possible to renounce the Bonus Issue as the act is silent in the matter of renouncing the Bonus issue or allotting the Bonus shares for the specified shareholders.??
renounciation
issue
bonus
Dear Members,
Please advise on the below mentioned query wrt Listed Company-
If a Company is issuing Bonus shares to its shareholders, will the employees who have been granted shares under ESOP having both the options to exercise their right i.e., share route or cashless route (Trust route) granted bonus shares.
Kindly let me know the treatment of bonus shares for them.
Dear Members,
Please advise on the below mentioned query wrt Listed Company-
If a Company is issuing Bonus shares to its shareholders, will the employees who have been granted shares under ESOP having both the options to exercise their right i.e., share route or cashless route (Trust route) granted bonus shares.
Kindly let me know the treatment of bonus shares for them.
Dear Members,
please help in this matter,
bonus share to be credited in NRI's Account
do we need get RBI approavl (prior or post), if any for this action.
kindly guide.
Dear All,
Can anybody kindly help on the below queries?
1. Will Issue of Bonus shares to the foreign shareholders amount to Foreign Direct investment?
2. If yes, should we also furnish FC-GPR to RBI?
shareholders
foreign
shares
bonus
issue
Dear Members
Can a pvt ltd company issue bonus shares at premium out of free reserve ?
Can someone pls share with me the process of Bonus Issue of shares in a pvt limited company
Dear Members,
We had surplus amount in Security Premium Account, so we have allotted bonus shares to the existing shareholders of 66,95,110 equity shares. Those shares have been transferred into the demat account of shareholders.
Do we need to pay stamp duty for the same ?
Hello Members,
One of our company wants to issue Bonus shares, so just want to ask that how can we decide the ratio for issuing Bonus shares if there are two shareholders and holding equal shares in the company.
For Bonus issue if we have AOA of 1956 and the MOA specifies only
"The provisions of Article 96 AND 97 of Table A shall apply as regards to Capitalisation of Profits.
1) Do we need to amend to put specific clause
2) If amendment is not required MGT-14 is mandatory to file ?
