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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What is Bonus Shares? - Commerce

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Question

What are Bonus Shares?

One Line Answer

Solution

Bonus share means utilizing the company’s reserves and surpluses. Issue of shares to existing shareholders without taking any consideration is known as Bonus Shares.

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Issue of Shares, Bonus Shares and Right Shares
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Chapter 26: Companies Act, 2013 - Exercise [Page 248]

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Samacheer Kalvi Commerce [English] Class 12 TN Board
Chapter 26 Companies Act, 2013
Exercise | Q II. 3. | Page 248
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