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of <h1>Board Decision on Bonus Issue Irrevocable Under Companies (Share Capital and Debentures) Rules, 2014, Rule 14.</h1> A company that has announced a decision by its Board to recommend a bonus issue cannot later retract this decision. This rule is established under the Companies (Share Capital and Debentures) Rules, 2014, specifically Rule 14, which governs the issuance of bonus shares.
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