Advertisements
Advertisements
Question
Explain the following term/concept:
Bonus Shares
Advertisements
Solution
(1) Bonus issues refer to the fully paid-up shares given to its existing equity shareholders without any cost, based upon the number of shares they are own. It is given at free of cost.
(2) For this purpose, a certain proportion is decided. For instance, if a person holds 100 shares and the company declares 1:2 bonus issues, then for every 2 shares held, he gets 1 share for free of cost.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
Directors are the ____________
Select the correct answer from the options given below and rewrite the statement.
Registered shareholders receive dividend through ______ warrant.
______ is issued by the company to its registered shareholders after the declaration of dividend at the Annual General Meeting of the company.
Match the pairs.
| Group 'A' |
Group 'B' |
|
a. Dividend Warrant |
1. Instrument for payment of Interest |
|
b. Return on Shares |
2. Capitalisation of Building Fund |
|
c. Bonus Shares |
3. Electronic Clearing Service |
|
d. ECS |
4. Capitalisation of Reserve Fund |
|
e. NEFT |
5. National Electronic Fund Transfer |
|
6. Dividend |
|
|
7. Electronic Co-operative Society |
|
|
8. National Electronic Fixed Transfer |
|
|
9. Instrument for Payment of Dividend |
|
|
10. Interest |
State whether the following statement is true or false.
Bonus shares are issued to existing equity shareholders.
State whether the following statement is true or false.
Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.
State whether the following statement is true or false.
A complaint letter should not be replied promptly.
Find the odd one.
Complete the sentence.
The ______ has to communicate the decisions of the management to the members by conducting correspondence.
Answer in one sentence.
Which type of shareholders enjoy the benefit of Bonus Shares?
Answer in one sentence.
What is meant by payment of dividend electronically?
Correct the underlined word/s and rewrite the following sentence:
A company must issue the Share Certificate within three months of allotment of shares.
Arrange in proper order.
a) Member
b) Applicant
c) Bonus shares
Explain the following term/concept:
Capitalisation of Reserves
Explain the following term/concept:
Dividend Warrant
Justify the following statement
The Company Secretary should take certain precautions while corresponding with members
Explain the following term/concept.
Correct information
