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RBI Prrmission

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(Querist)
06 May 2010 Dear all,
Plz Tell me, Whether we need to take permission of RBI to Allotment of Bonus Shares to Our NRI Director?
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Ankur Garg

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Ankur Garg (Expert)
08 May 2010 Prior permission of RBI is not required for allotment. However intimation to RBI is necessary.

Regards

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