Please let me know that is it necessary to conduct EGM for taking out bonus issue.Cant we declare bonus issue in AGM which is conducted jst after balance sheet is signed i. e. ours balance sheet date is 09/09/2009. Also please let me know that cant we issue bonus shares if we havent mentioned anything in articles regarding bonus issue.
08 September 2009
Please let me know that is it necessary to conduct EGM for taking out bonus issue.Cant we declare bonus issue in AGM which is conducted jst after balance sheet is signed i. e. ours balance sheet date is 09/09/2009. Also please let me know that cant we issue bonus shares if we havent mentioned anything in articles regarding bonus issue.
09 September 2009
Hi Nidhi, Bonus issue can be done in AGM also. However the notice of AGM should contain the same as a special business. Hope you had the Board approval for Bonus issue.
Thanks for ur kind reply......So its confirm that we can show bonus issue as a special business in the notice of agm na?? Can u provide me with the draft of notice of pvt cos. agm?