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Keywords: Bonus issue
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Journal Articles
International Journal of Emerging Markets (2013) 8 (2): 129–143.
Published: 05 April 2013
.... Bonus shares in India can be issued only out of free reserves built out of the genuine profits or share premium collected in cash only. Companies cannot issue bonus shares in lieu of dividend or if it had come out with any public/rights issue in the past 12 months. Bonus issue cannot be made on partly...
