Bonus shares are issued as a free gift to the Preference Shareholders.
Q.1 (B) (3) Bonus shares are issued as a free gift to the Preference Shareholders.
Q.1 (B) (3) Bonus shares are issued as a free gift to the Preference Shareholders.
Best answer
Answer: Bonus shares are issued as a free gift to the Equity Shareholders.
Bonus shares are issued to existing equity shareholders free of cost, in proportion to their holding, by capitalising free reserves, securities premium or capital redemption reserve.
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