Bonus Issue
Usually asked for cosmetically, to bring a high-priced share down to a round number before a round or an ESOP grant, and it is the one issue that cannot be unwound once announced.
- 6 pages
- 55
- Word and PDF
- 12 September 2026
The 3 formats inside
- 1Board resolution, recommending a bonus issues.63(2)(b) · Rule 14 SC&D RulesOn its own₹149
- 2Notice and resolution, authorising the bonus issue and capitalisation of reservess.63(2)(b) · s.102On its own₹149
- 3Board resolution, allotment of bonus sharess.63 · s.39 · Rule 12 PAS RulesOn its own₹149
Read the opening
The first part of “Board resolution, recommending a bonus issue”, as it downloads. Blanks are highlighted.
Extract from the minutes of the meeting of the Board of Directors of [Company Name] Private Limited held at [Place of the board meeting] on [Date of the board meeting] at [Time of the board meeting]
RECOMMENDATION OF A BONUS ISSUE OF EQUITY SHARES BY CAPITALISATION OF RESERVES
The Chairman informed the Board that the Company has accumulated reserves which are available for capitalisation and that it is proposed to issue bonus shares to the equity shareholders of the Company by way of capitalisation of such reserves, in the ratio of [Bonus shares offered (number)] new fully paid-up equity share for every [For every existing shares held (number)] existing fully paid-up equity share held.