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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
Write a word or a term or a phrase which can substitute the following statement.
Number of days within which payment of dividend be completed by company, after its declaration.
State whether the following statement is true or false.
Dividend is paid to registered shareholders of the company.
State whether the following statement is true or false.
IEPF is the fund created by company.
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.
Preference Shares ____________.
Select the suitable option for the following.
Equity Shares ____________.
Correct the underlined word and rewrite the following sentence.
Dividend must be paid within 60 days of its declaration.
Correct the underlined word and rewrite the following sentence.
Preference shareholders are given the last priority in payment of dividend.
Correct the underlined word and rewrite the following sentence.
Dividend is payable every year, irrespective of the profits made by the company.
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.
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?
Justify the following statement.
Equity shares get last priority in dividend.
Arrange in Proper Order:
(a) Board Meeting
(b) Shareholder approval
(c) Board's Recommendations
Explain the following term/concept in detail:
Listed Company
