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Answer in brief. State any four points to be kept in mind by a Listed Company with respect to Dividend. - Secretarial Practice

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प्रश्न

Answer in brief.

State any four points to be kept in mind by a Listed Company with respect to Dividend.

थोडक्यात उत्तर

उत्तर

When a company’s shares are listed in the Stock Exchange, the company has to follow additional requirements with respect to listings agreements. They are as follows:

  1. Notify the stock exchange where the company’s securities are listed at least 2 days in advance of the date of the Board meeting held to consider the recommendation of the final dividend.
  2. Intimate Stock Exchange immediately about the declaration of the dividend after the Board Meeting.
  3. Give notice of Book closure to the stock exchange at least 7 working days before the closure.
  4. Close the Register of members and the Transfer Register.
  5. It must use an electronic mode of payment such as Electronic Clearing Services (ECS) or National Electronic Fund Transfer (NEFT); as approved by the Reserve Bank of India (RBI).
  6. The listed company has to express the dividend on a per-share basis only.
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पाठ 10: Dividend and Interest - Exercises [पृष्ठ १५६]

APPEARS IN

बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
पाठ 10 Dividend and Interest
Exercises | Q 5.1 | पृष्ठ १५६

संबंधित प्रश्‍न

Select the correct answer from the options given below and rewrite the statement.
Dividend is paid to ___________.


Select the correct answer from the options given below and rewrite the statement.
_________ is profit shared by company with a shareholder.


Final Dividend is declared by ______.


Dividend cannot be declared out of ______________.


Dividend is recommended by ______________.


Select the correct answer from the options given below and rewrite the statement.
_________ warrant is a cheque containing dividend amount sent by company to the shareholders.


Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Equity Shareholders
b) Interest 2) Appropriation of profit.
c) Interim Dividend 3) Recommendation of Secretary.
d) Final Dividend 4) Registrar of company.
e) Fluctuating Rate of Dividend 5) Obligatory to pay
  6) Decided and Declared by the Board of Directors.
  7) Decided by Board; declared by Members.
  8) Decided by President of India.
  9) Company not allowed to pay.
  10) Declared by Govt. of India

Match the pairs.

Group ‘A’ Group ‘B’
a) Dividend 1) Must inform stock exchange about Dividend declaration
b) Interest 2) Creditors
c) IEPF 3) Registered Shareholders.
d) Unpaid Dividend Account 4) Balance of unpaid Dividend Transferred here.
e) Listed Company 5) Unregistered company.
  6) Non-listed company.
  7) Unpaid/Unclaimed Dividend.
  8) Balance of unpaid Bonus transferred here.
  9) Must inform Government about Dividend declaration.
  10) General Public.

Write a word or a term or a phrase which can substitute the following statement.

The return on investment paid to the shareholders of the company.


Write a word or a term or a phrase which can substitute the following statement.

The shareholders who get dividend at a fixed rate.


Complete the sentence.

Word dividend is derived from Latin term ______.


Answer in one sentence.

What is Dividend?


Answer in one sentence.

What is final Dividend?


Select the suitable option for the following.

Dividendum ____________.


Correct the underlined word and rewrite the following sentence.

Special Resolution must be passed to declare Final Dividend


Explain the following term/concept.

Dividend


Explain the following term/concept.

Final Dividend


Explain the following term/concept.

Rate of Dividend.


Answer the following question.

Define Dividend and explain its features.


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