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Declaration of interim dividend

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 April 2012 Can a private company declare final dividend after closure of the financial year but before AGM????
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CS Ankur Srivastava

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CS Ankur Srivastava (Expert)
03 April 2012 Final dividend is always recommended by the Board before the date of AGM while approving the Annual Accounts...
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Ajay Mishra

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Ajay Mishra (Expert)
03 April 2012 Hi


Final Dividend is an ordinary business which must be approved at AGM only and not other General Meeting. At the AGM final dividen will be considered on the basis of daya available as on March 31.

I agree with Mr. Ankur opinion.
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