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प्रश्न
Justify the following statement.
Listed Company has to follow additional guidelines on dividend matters.
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उत्तर
- A listed company must comply with the Companies Act, 2013 (e.g., declare a dividend only out of profits/free reserves; transfer the declared amount to a separate bank account within 5 days; pay within 30 days; move unpaid amounts to the Unpaid Dividend Account and then to IEPF after the prescribed period).
- It must also follow SEBI (LODR) Regulations: give prior intimation of the Board meeting where a dividend is considered, disclose the decision and amount to stock exchanges, fix and intimate the record date in advance, declare a dividend on a per-share basis, and (for specified listed entities) publish a Dividend Distribution Policy (Reg. 43A).
- These additional disclosure and timeline requirements exist to ensure transparency and investor protection in the securities market.
APPEARS IN
संबंधित प्रश्न
State whether the following statement is true or false.
Shareholders decide about the rate and amount of profit to be given as dividend.
Complete the sentence.
Dividend can be declared only on recommendation of______.
Complete the sentence.
The meeting at which final dividend is approved is ______.
Complete the sentence.
Predecided and a fixed rate of dividend is paid to ______.
Answer in one sentence.
Who has right to recommend Dividend?
Select the suitable option for the following.
Govt. Fund ____________.
Select the suitable option for the following.
Equity Shares ____________.
Correct the underlined word and rewrite the following sentence.
Preference shareholders get dividends from residual profits.
Arrange in Proper Order:
- Recommendation of Dividend
- Checking sufficiency of profits
- Board Meeting
Arrange in Proper Order:
- Closure of Register of Members.
- Intimate Stock Exchange of Board Meeting.
- Intimate Stock Exchange of declaration of dividend.
Explain the following term/concept.
IEPF
Study the following case/situation and express your opinion :
The Board of Directors of STAR Co. Ltd. which is a listed company recommends a dividend of ₹ 15/- per share to be paid in cash.
- Is it justified to pay the dividend firstly to its Preference Shareholders and then after to Equity Shareholders?
- Is the AGM required to approve the same?
- Can the company pay dividend in cash?
Answer the following question.
Discuss legal provisions for declaration of dividend.
Dividends can be paid out of capital.
Explain the following term/concept in detail:
Listed Company
