interim dividend
This query is : Resolved
03 June 2010
sir, please solve my problem
when interim dividend is paid & subsequently in NEXT AGM , WHETHER SH. HOLDER CAN DISALLOWED THEM & WHAT CONSEQUENCES IF DIS ALLOWED?
IF SH. HOLDER CAN NOT DISALLOWE, THAN HOW ONE CAN SAY THAT WITHOUT SH. HOLDER 'S PREMISSION DIVIDEND CAN NOT BE DECLARED ?
when interim dividend is paid & subsequently in NEXT AGM , WHETHER SH. HOLDER CAN DISALLOWED THEM & WHAT CONSEQUENCES IF DIS ALLOWED?
IF SH. HOLDER CAN NOT DISALLOWE, THAN HOW ONE CAN SAY THAT WITHOUT SH. HOLDER 'S PREMISSION DIVIDEND CAN NOT BE DECLARED ?
04 June 2010
Dear friend,
Shareholders approval is not required to declare interim dividend. Declaration of interim dividend is entirely a decision of board.
Final dividend is recommend by board and approved by shareholders in the AGM.
Regards
Shareholders approval is not required to declare interim dividend. Declaration of interim dividend is entirely a decision of board.
Final dividend is recommend by board and approved by shareholders in the AGM.
Regards
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