Dividend
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 September 2012
if a company issue shares after closing of accounting year but before record date for dividend,are those shares eligible for dividend?
CA. Subhash Dangi
(Expert)
25 September 2012
The share holders whose name appeared as on record date fixed by company are eligible for dividend. It is immaterial whether the shares are issued after closing of Financail Year.
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