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GUIDELINES FOR BONUS ISSUES
15.0
A listed company proposing to issue bonus shares shallcomply with the following:
15.1 (
a
)
No company shall, pending conversion of FCDs/PCDs,issue any shares by way of bonus unless similar benefit isextended to the holders of such FCDs/PCDs, throughreservation of shares in proportion to such convertible part of theFCDs or PCDs.
(
b
)
The shares so reserved may be issued at the time of conversion(s) of such debentures on the same terms on whichthe bonus issues were made.
 
GUIDELINES FOR BONUS ISSUES
15.1.1
The bonus issue shall be made out of free reservesbuilt out of the genuine profits or share premium collectedin cash only.
15.1.2
Reserves created by revaluation of fixed assets arenot capitalised.
 
GUIDELINES FOR BONUS ISSUES
15.1.3
The declaration of bonus issue, in lieu of dividend, isnot made.
15.1.4
The bonus issue is not made unless the partly paidshares, if any existing, are made fully paid-up.
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vikasbud

please send me this slides i need it very urgently my email id is vikasbud@gmail.com

reply02 / 01 / 2010
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