Bonus Issue

[Priyanka Jain]

Dear Sir/Mam

I will alter my article regarding capitalisation of profit. so someone pls provide me format of capitalisation of profit for article.

 

Rgs

Priyanka Jain

AI Summary

Bonus share issuance requires amending articles and passing an ordinary resolution to capitalize profits under company law.
Bonus share issuance requires altering the Articles of Association to provide for capitalisation of profits and issuing bonus shares; there is no specific format and the allotment must be authorised by an ordinary resolution in the general meeting in accordance with applicable company law provisions.