Bonus issue increases unit holdings by allotting additional units to existing unit holders without cost. Bonus issue denotes the allotment of additional units to existing unit holders on a specified record date without any cost to those holders, increasing unit holdings by pro rata distribution based on entitlement identified as of the record date and operating as a non-cash issuance mechanism affecting unit capital structure and investor entitlements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Bonus issue increases unit holdings by allotting additional units to existing unit holders without cost.
Bonus issue denotes the allotment of additional units to existing unit holders on a specified record date without any cost to those holders, increasing unit holdings by pro rata distribution based on entitlement identified as of the record date and operating as a non-cash issuance mechanism affecting unit capital structure and investor entitlements.
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