Question

Attempt the following.

Write a letter to the member for the payment of the Interim dividend electronically.

Answer 1

GURUSAI AUTO LIMITED
Registered Office: 31, Tulsi Complex, Lodhi Road, Camp, Pune - 411 001.
CIN: L40103 MH 1999 PLC300477

Phone: 020-24032844
Fax: 020-24356101
Ref. No. S/MR-D/12/19-20

Website: www.gurusailimited.com
E-mail: [email protected]
Date: 3^rd June 2019

Mr. Jayant Modi
15, Sagar Apartment
Van Vihar Road,
Pune - 411 030.

Sub. : Payment of Interim Dividend through Electronic Clearing Service (ECS), Direct Credit/NEFT

Dear Sir,
    We are pleased to inform you that the Board of Directors of Gurusai Auto Limited in its meeting held on Thursday, 28^th May 2019 has declared an Interim Dividend @ Rs. 1/- (i.e. 10%) per equity share of the face value of Rs. 10/- each.

As per the instructions given by you (either in person or through Depository Participant), we have remitted the amount of the aforesaid Interim Dividend to your Banker for crediting your Bank Account, i.e. Dividend will be payable by electronic transfer. Your company has complied with all the provisions relating to the declaration and payment of dividends.

Details of the Dividend payable to you are given below -

1	2	3		4	5	6
No. of Equity Shares held on Record Date (May 31st, 2019)	Dividend Per Share (₹)	Dividend Amount (₹)		DPID and Client ID No.	Date of Remittance	Bank A/c. (BOB)
500	1	500		12033200 07479005	3rd June, 2019	5656000 22105 Bank of Baroda

Please verify the credit of the amount in your Pass Book/Statement of accounts.

As per the provisions of the Income Tax Act, of 1961 no tax is required to be deducted at source in respect of Dividend payment, but dividend Distribution Tax has been paid by the Company.

Thanking you,

Yours faithfully,          
For Gurusai Auto Limited

Sign                  

(Mr. Jitesh M. Gandhi)    
  Company Secretary