ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Corporate Policies on Bonus Share Issues in India

L C Gupta Bonus issues in India are in the nature of 'stock-splits' rather than 'stock-dividends'. Increases in the total quantum of dividend distribution do not follow bonus issues quite as universally or automatically as is generally assumed. In fact, where dividend distribution has been increased, the quantum of increase has been usually less than in proportion to the bonus issue.

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