1. Bonus shares are issued by companies to existing shareholders in the form of fully paid shares instead of paying dividends, using retained earnings. This increases the company's equity capital without raising new funds.
2. Companies must comply with regulations for bonus share issues such as using genuine profits or share premium for capitalization and shareholder approval. The shares are issued in proportion to existing shares held.
3. Recent examples show companies allotting bonus shares to shareholders in ratios of 1:1, 1 bonus share for every 5 shares, and approving employee stock option plans to reward and retain employees.
This Power point Presentation contains the complete information regarding step by step procedure needs to be complied while issuing Bonus Shares.....A person can buy the documents related to it from our Website www.draftmydocument.com under the combo section.... in easily editable word format which makes it easy to use for you and saving your time and efforts
ESOP is an Employee benefit Plan which makes the employees of a company owners of stock in that Company.
ESOP is a plan to compensate, retain and attract employees.
ESOP is a contract between a Company and its employees that give employees the right to buy a specific number of the company's shares at a fixed price within a certain period of time.
Introduction and Accounting for Buy-back of Shares in India as per the Companies Act 2013 and other rules.
It will be useful for the students of B. Com., B.Com.(H), CA, CS and other professional courses, studying Corporate Accounting.
This Power point Presentation contains the complete information regarding step by step procedure needs to be complied while issuing Bonus Shares.....A person can buy the documents related to it from our Website www.draftmydocument.com under the combo section.... in easily editable word format which makes it easy to use for you and saving your time and efforts
ESOP is an Employee benefit Plan which makes the employees of a company owners of stock in that Company.
ESOP is a plan to compensate, retain and attract employees.
ESOP is a contract between a Company and its employees that give employees the right to buy a specific number of the company's shares at a fixed price within a certain period of time.
Introduction and Accounting for Buy-back of Shares in India as per the Companies Act 2013 and other rules.
It will be useful for the students of B. Com., B.Com.(H), CA, CS and other professional courses, studying Corporate Accounting.
In this ppt you will get to know what is right issue and how Tata Motors Issued Right Issue and what was the purpose of issuing right issue by the Company.
The report encapsulates the study of a proper understanding of SEBI and its regulations which are actually practiced in the market. Along with a thorough study of the basic concepts of SEBI and its policies with respect to the Capital Markets, the report also enlightens on a few cases which made a considerable impact on the governance of SEBI.
It explains the basic concept of how employee stock option plan works and gives a brief about the rules governing the issuance of the same as mentioned under the Companies Act, 2013. It also mentions the rules in place which govern the issuance of employee stock option plan by a foreign company to its employees resident in India. It also explains two case studies about the issuance of ESOP by Flipkart and redbus and how sometimes employees might be cheated in the name of ESOP.
With the promulgation of Companies Act, 2013, provisions governing issuance of shares by offering Stock Options to the Employees have been recognized under Section 62(1)(b) of the new Act, read with Rule 12 of Companies (Share Capital and Debentures) Rules, 2014.
A bonus issue is a stock dividend, allotted by the company to reward the existing shareholders without receiving any additional payment from them, it is known as issue of bonus shares
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
VAT Registration Outlined In UAE: Benefits and Requirementsuae taxgpt
Vat Registration is a legal obligation for businesses meeting the threshold requirement, helping companies avoid fines and ramifications. Contact now!
https://viralsocialtrends.com/vat-registration-outlined-in-uae/
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
1. Bonus shares
Bonus issue is also one of the ways to raise capital but it does not bring in
any fresh capital. Some companies distribute profits to existing shareholders by way of fully paid
bonus shares instead of paying them a dividend. Bonus shares are issued in the ratio of the existing
shares held. The shareholders do not have to pay for bonus shares but the retained earnings are
converted into capital. Thus, bonus shares enable the company to restructure its capital.
Bonus is the capitalisation of free reserves. Higher the free reserves,
higher are the chances of a bonus issue forthcoming from a corporate. Bonus issues create
excitement in the market as the shareholders do not have to pay for them and in addition, they add to
their wealth. A bonus issue results in an increase in the company's equity capital. A bonus issue by a
company indicates management's confidence in strong earnings growth and maintenance of its
present level of dividend rate in the future
Bonus shares
A listed company proposing to issue bonus shares shall comply with the
following:
1.
2.
The bonus issue shall be made out of free reserves built out of the
genuine profits or share premium collected in cash only.
Reserves created by revaluation of fixed assets cannot be capitalised.
The declaration of bonus issue, in lieu of dividend, cannot be made.
4. The bonus issue cannot be made unless the partly-paid shares, if any
existing, are made fully paid-up.
5. The Company has not defaulted in payment of interest or principal in
respect of fixed deposits and interest on existing debentures or principal
on redemption thereof; and
3.
6. has sufficient reason to believe that it has not defaulted in respect
of the payment of statutory dues of the employees such as contribution
to provident fund, gratuity, bonus, etc.
7. A company which announces its bonus issue after the approval of
the Board of Directors must implement the proposal within a period of 6
months from the date of such approval and shall not have the option of
changing the decision.
8. The Articles of Association of the company shall contain a provision for
capitalisation of reserves, etc.
9. If there is no such provision in the Articles the company shall pass a
Resolution at its general body meeting making provisions in the
Articles of Associations for capitalisation.
10. Consequent to the issue of Bonus shares if the subscribed and paidup capital exceeds the authorised share capital, a Resolution shall be
passed by the company at its general body meeting for increasing the
authorised Capital.
2. 11. No company shall, pending conversion of FCDs/PCDs, issue any
shares by way of bonus unless similar benefit is extended to the holders
of such FCDs/PCDs, through reservation of shares in proportion to such
convertible part of FCDs or PCDs. The shares so reserved may be
issued at the time of conversion(s) of such debentures on the same
terms on which the bonus issues were made.
Example
Reliance Power Bonus Share Record Date announced - June 02, 2008
Reliance Power limited (REPL) has announced the record date for its bonus
shares, June 02, 2008. Company will issue 3 bonus shares for every 5 shares
hold by investors at the end of day June 02, 2008.
:Tata Consultancy Services, the country's largest software firm, on Thursday
said it has allotted its over 97.86 crore equities to the
investors of the company under the bonus share issue offer.
Over 97.86 crore shares have been allotted to the shareholders of the
company, TCS said in a filing to the BSE. Shareholders of the company have
already approved the issue of bonus shares in the ratio of 1:1, it added.
Bank of Rajasthan will issue over 26.8 million bonus shares in the ratio of one
bonus share for every five shares
Bank of Rajasthan will issue over 26.8 million bonus shares in the ratio of one
bonus share for every five shares
Equity/Ordinary Shares
Stock Option or Employees Stock option:
A method of marketing the securities of a company where are employees are
encouraged to take shares - and subscribe to it is known as 'stock option'. It is a voluntary scheme on
the part of the company to encourage ,employees' participation in the company. The scheme also offers an
incentive to the employees to stay in the -company. The scheme is particularly useful in the case of
companies whose business activity is dominantly -used on the talent of the employees, as in the case of
software industry. The scheme helps retain their most Productive employees in an industry.
Company whose securities are listed on any stock exchange can introduce the
scheme of employees' stock option. The offer can be made subject to the conditions specified
below:
1.
Issue at discount
2.
Approval:
Issue of stock options at a discount to the market price would be
regarded as another form of employee compensation and would be treated as such in the financial
statements of the company regardless the quantum of discount on the exercise price of the options.
The issue of ESOPs is subject to the approval by the shareholders through a special
resolution.
3.
Maximum limit
There would be no restriction on the maximum number of shares to be issued
to a single employee. However, in cases of employees being offered more than I percent shares, a
3. specific disclosure and approval would be necessary in the AGM.
4.
Minimum period
5.
Superintendence
6.
Eligibility
7.
•
•
•
•
A minimum period of one year between grant of options and its
vesting has been subscribed. After one year, the company would determine the period during which
the option can be exercised.
The operation of the ESOP Scheme would have to be under the
superintendence and direction of a Compensation Committee of the Board of Directors in
which there would be a majority of independent directors.
ESOP scheme is open to all permanent employees and to the directors of the
company but not promoters and shareholders. The scheme would be applicable to the employees
of the subsidiary or a holding company with the express approval of the shareholders.
Director's report The Director's report shall make a disclosure of the following:
Total number of shares as approved by the shareholders
The pricing formula adopted
Details as to options granted, options vested, options exercised and options
forfeited, extinguishments or modification of options, money realized by
exercise of options, total number of options in force, employee-wise details
of options granted to senior managerial personnel and to any other
employee who receive a grant in any one year of options amounting to 5
percent or more of options granted during that year
Fully diluted EPS computed in accordance with the AS
Recent ESOPS issued by the company
Hyderabad, June 24 The board of directors of Matrix Laboratories Ltd has
allotted about 17.25 lakh equity shares of Rs 2 each to Matrix ESOP Trust under
Employee Stock Option Plan schemes, the company said in a filing to the BSE.
Consequent to this, the paid-up share capital of the Hyderabad-based company
had increased to over Rs 31.26 crore, the release added.
The board of directors of Dr Reddy’s Laboratories Ltd approved the grant of
9,000 stock options, exercisable at par value of Rs 5 to the independent directors
of the company under employees’ stock option scheme. It also granted another
9,000 stock options at par value of Rs 5 to them under its ADR stock option
scheme. Further, the compensation committee of the board approved the grant
of 3,50,840 stock options, exercisable at par value of Rs 5 to the employees of
the company, the company informed BSE.
Zee Entertainment Enterprises Ltd, one of India’s largest listed media firms,
said its board has approved an employee stock options (esop) programme for
the benefit of its employees and directors. Stock options will be issued over a
period of five years and would be convertible into equity shares up to maximum
of 5% of paid up capital of the company. ZEEL is part of the Subhash Chandra
(pictured) -promoted Essel Group. “The employee stock options scheme, subject
to shareholders approval, is a mechanism to not only reward the efforts of the
4. employees, as also to develop a greater ownership and to develop a stronger
foundation for the future,” CEO Puneet Goenka said in a statement. The scheme
is subject to the approval of shareholders of the company at the annual general
meeting scheduled for 18 August.