I am the MD of a pvt ltd company with 8 share holders. Our company has a PAT of around 3 crores for FY 10-11. We had an investment of 7 crores by a Venture Capitalist in Oct 2010 for which we need to pay a Dividend of 40 lakhs. After this PAT is around 2.6 Crores. Please let me know what is the maximum percentage of dividend that can be declared out of this PAT for all the share holders and also procedure to be followed for declaring Dividend.
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Dividend Declaration
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https://www.articlesbase.com/regulatory-compliance-articles/dividend-process-creation-and-calculation-546791.html
How to Minimise Risk and Maximise Gains by allocating your assets well?
Saving enough and having a comfortable life in the future is what everyone dreams about. But ‘how’ and ‘how much’ are the inert questions anybody would have in mind. Am I saving enough for the future? Will it take care of my future with the increasing prices and inflation rates?
https://holisticinvestment.in/blog/how-to-minimise-risk-and-maximise-gains-by-allocating-your-assets-well/
With Regards,
Ramalingam,
Director,Chief Financial Planner.
HOLISTIC INVESTMENT PLANNERS PRIVATE LTD
“Best Performing Financial Advisor Award” Winners from CNBC TV18
Website: www.holisticinvestment.in
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