We want to pay dividend before 31/03/2016.
Share capital is 10727500
R & S is 250251490
Total 26,09,78,990.
How much dividend we can pay now. we want to pay @ 25% ?
Please guide.
3 Replies
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 15 March 2016
There is no restriction in dividend payout ratio. It is the discretion of the board. However while paying dividend . you are required to comply with provisions of sections 123-127 of the Companies Act, 2013.
Regards,
Arjun Rajagopal
Parvez Vasaya
(Business)
(80 Points)
Replied 16 March 2016
Sir We want to pay interim dividend for september ths year and dont want to pay final dividend again.
so can we only pay interim dividend?
CS Arjun Rajagopal
(B.com, ACS)
(1056 Points)
Replied 16 March 2016
No probs. It is the discretion of board.
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