(1) No issuer shall make a bonus issue of equity shares if it has outstanding fully or partly convertible debt instruments at the time of making the bonus issueomitted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here, unless it has made reservation of equity shares of the same class in favour of the holders of suchOmitted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here outstanding compulsorilyInserted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Hereconvertible debt instruments , if any,Inserted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here in proportion to the convertible part thereof.

(2) The equity shares soInserted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here reserved for the holders of fully or partly compulsorilyInserted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here convertible debt instruments shall be issued at the time of conversion of such convertible debt instruments on the same terms or same proportion atSubstituted vide SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012. To view the notification,Click Here on which the bonus shares were issued.

SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2012, w.e.f. 07.02.2012