Bonus shares are issued in proportion to the shares an investor already holds. For instance, if a company declares a 1:1 bonus share issue, a shareholder with 100 shares will receive an additional 100 shares, doubling their holding. These shares have no monetary outlay and do not impact the shareholder's wealth, as the market value of the shares adjusts to account for the increased qu... https://www.compliancecalendar.in/bonus-shares