No, all shareholders receive bonus shares in the same proportion, so your percentage ownership remains unchanged.

Once approved by the board and shareholders, a bonus issue cannot be canceled, unless regulatory approvals are not obtained.

FeatureBonus IssueSplit Issue PurposeReward ShareholdersMake shares more affordableImpactIncreases total shares issuedIncrease shares by splitting existing onesPrice adjustmentsReduces proportionallyReduces, but the face value changesReserve utilizationUses free reservesNo reserve utilization.