Easy Office
LCI Learning

Provision with Respect to Issue of Bonus Share

This query is : Resolved 

08 April 2022 Sir,

I want a solution with respect to the following situation.

Company total number of share was 55519 (face value of Rs. 1000). How can I issue bonus share, if I have Surplus of Rs. 20000000. What was the solution to issue bonus share if the total number of share was not divisible by any other number.


08 April 2022 Declare 3:1 bonus .
Sell and distribute the fractional shares.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query