Shares issued free of cost to the shareholders are known as _____ shares.
Q.1 (A) (3) Shares issued free of cost to the shareholders are known as _____ shares.
A. preference
B. equity
C. bonus
1 answer
Best answer
Answer: C. bonus
Answer: (c) bonus
Bonus shares are fully paid shares issued free of cost to existing equity shareholders, in proportion to their holding, by capitalising free reserves or the securities premium account.
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· 28 Oct 2026
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