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.

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