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Agenda for declaration of dividend

Anushka (Professional) (61 Points)

02 February 2013

Please Help me in preparing an AGENDA for Declaration of Dividend for Pre-AGM Board Meeting.

Thanks & Regards

Anuja Verma

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ACS Deepika Chowdhary (Company Secretary) (280 Points)
Replied 04 February 2013

Dear Anuj

Though AGM of company should have been held long back but sticking to your query below is the draft item for delaration dividend, hope it helps:

TO RECOMMEND FINAL DIVIDEND FOR THE YEAR ENDED 31^ST MARCH, _____

The Company paid dividend of Rs. __/- (___%) per share on the equity shares of Rs.__/- each for the year ended (P.Y.), absorbing a total outgo of Rs._____ Lacs (inclusive of dividend tax, surcharge and education cess of Rs.______ Lacs) i.e. around ________ % of the net profit of the Company for that year.

Considering the results of the Company, the Board may kindly recommend dividend on Equity Shares for the year ended 31^st March, ____ for approval of the Shareholders at the ensuing Annual General Meeting of the Company.

Thanx & Regards

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