https://www.taxtmi.com/acts?id=33696 Where shareholder approval is not required for capitalisation, an issuer must implement the bonus issue within a short period from board approval; where shareholder approval is required, implementation must occur within a longer prescribed period from the board meeting that announced the bonus issue subject to such approval. Commencement of trading in the bonus shares is the date of implementation, and an announced bonus issue cannot be withdrawn. en-us Fri, 21 Dec 2018 14:52:03 +0530 Mon, 12 Aug 2024 15:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33696 Where shareholder approval is not required for capitalisation, an issuer must implement the bonus issue within a short period from board approval; where shareholder approval is required, implementation must occur within a longer prescribed period from the board meeting that announced the bonus issue subject to such approval. Commencement of trading in the bonus shares is the date of implementation, and an announced bonus issue cannot be withdrawn. Act-Rules SEBI Fri, 21 Dec 2018 14:52:03 +0530 https://www.taxtmi.com/acts?id=33696