Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Notice of Book Closure to SEBI & Share Holder

Save Share

This query is : Resolved

Ramesh Chandra Pusola (Querist)

08 July 2010 Dear Experts,
Please guide me on the following query:
1) Time lime to issue a book closure notice to Share holdder & BSE.
2) Time limit to issue a notice for annaul general meeting to share holder as well as BSE.
Please do the needful.
Thanking you in advance.
yours Truly,
Ramesh Chandra Pusola

Ankur Garg

Ankur Garg (Expert)

08 July 2010 As per clause 16 of Listing Agreements the Issuer agrees to close its transfer books for purposes of declaration of dividend or and further agree to close its transfer books at least once a year at the time of the Annual General Meeting if they have not been otherwise closed at any time during the year and to give to NSE/BSE the notice in advance of at least seven working days, or of as many days as NSE may from time to time reasonably prescribe, stating the dates of closure of its transfer books.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now