📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • âś–

      Question

      Which type of companies can now issue bonus shares to

      existing NRIs, even in FDI-prohibited sectors?
      A Companies listed on BSE only Correct Answer Incorrect Answer
      B Public Sector Undertakings (PSUs) Correct Answer Incorrect Answer
      C Companies with existing NRI shareholders in prohibited sectors Correct Answer Incorrect Answer
      D Private banks with over 25% foreign holding Correct Answer Incorrect Answer
      E Startups registered under DPIIT Correct Answer Incorrect Answer

      Solution

      Indian companies in FDI-prohibited sectors can now issue bonus shares to existing NRI shareholders, provided shareholding ratio remains unchanged.

      Practice Next
      ask-question