Dividend
This query is : Resolved
15 November 2013
why dividend cannot be declared more than proposed dividend in AGM?
Nikhil Kaushik
(Expert)
15 November 2013
this so because the shareholders dont have any right to increase the dividend. The power to recommend dividend lies with the directors. shareholders can only approve or reduce the proposed amount.
16 November 2013
if a shareholder has more than 50% holding then what will happen
Nikhil Kaushik
(Expert)
16 November 2013
Doesnt matter. Increase is not possible. Anyways, if someone has 50% shareholding, he or she can easily get the directors to recommend higher dividend
CA BHARATH KUMAR
(Expert)
18 November 2013
i agree with Nikhil kaushik
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