Question

Draft a notice of dividend.

Answer 1

Notice of Dividend

      Galaxy Company Limited

    42, MIDC, Wagle Estate, Thane-400604

     http://wwwgalaxy.co.in     email: [email protected]

 

Tele No: 25471383                        Fax No: 25471384

Ref. D/38/2012                             Date: 21^st  May 2012

 

Mr. Mukesh Naik

24/2, Laxini Niwas,

Anant Kanekar Marg,

Bandra, Mumbai - 50.

                                        Sub.: Notice of dividend

Dear Sir,

I am instructed by the Board of Directors to convey to you that in the 25^th Annual General Meeting held- on 10^th May 2012 final dividend @ 25% on equity shares of '? 10 each has been approved by the members for the year ending 31^st March 2012.

Your company has complied with all statutory provisions (Section 205 of the Companies Act, 1956) relating to the declaration of dividend.

Details of dividend payable to you are as follows -

Register folio no.	No. of shares	Distinctive Numbers		Dividend warrant no.	Gross dividend	Income tax deducted	Net dividend
		From	To
D 72	100	301-400		B-3256	Rs. 250	Nil	Rs. 250

Dividend wan-ant is attached hereto. Please detach the dividend warrant along the perforated line.

 

Thanking You.   

Yours faithfully,
For Galaxy Co.Ltd.
Sd/-
Secretary

Encl - Dividend Warrant 

         

                               Dividend Warrant

                         Galaxy Company Limited

                     42, MIDC, Wagle Estate, Thane-400604

                                                                  Valid for 3 months

D.W No. B3256                              Date : 16¹' May, 2012

Folio No. D-72

                         Pay Mr. Mukesh Naik a sum of Z Two Hundred Fifty only.

Rs. 250/­

                                                For Galaxy Company Limited

       Sd/-              Sd/

    Director       Secretary