Dividend Declaration


Harish Naidu (Job)     24 May 2011

Harish Naidu
Job 
 12 likes  193 points

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Please let me know, what is the maximum percentage of Dividend that can be declared by a Pvt Ltd Company.


Please let me know in the below case:

Paid-up Capital of the Company -  1.65 cr

Profits after all adjustments  - 3.20 cr (after providing depreciation, set off previous losses etc)

As per the Secretarial Standard on Dividends, 10% of the profits should be transferred to reserves if Dividend Proposed is more than 20% of Paidup Capital of the Company.  Please let me know if we can declare maximum amount after transferring 10% of Profits of 3.20 cr to Reserves or dividend declared should not exceed Paidup Capital of the Company.

avater

Ramalingam K (Founder & Director - Holistic Investment Planners (P) Limited)     08 May 2014

Ramalingam K
Founder & Director - Holistic Investment Planners (P) Limited 
 445 likes  21072 points

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Mutual Fund Mythbuster Rahul is working for a mutual fund house. They have recently came out with anNFO (new fund offer). The day on which the fund house announced its maidenNAV (net asset value), he received lot of calls from investors asking why the NAV is at below Par. They thought something was wrong

http://www.holisticinvestment.in/mutual-fund-mythbuster

Regards

Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in


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