Recent filing done by company under category of bonus

A bonus shares issue is a corporate action where a company distributes additional shares to its existing shareholders. This is done by capitalizing the company's reserves and issuing new shares in a predetermined ratio. Bonus shares are essentially free shares given to shareholders as a reward for their investment. The issue of bonus shares increases the total number of shares outstanding, but does not change the company's market value or the shareholder's percentage ownership. Bonus shares can be a tax-efficient way for companies to reward shareholders and increase liquidity.