S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 16 May 2008
The interim dividend is declared on a conservative assessment of profits. You have to indicate the background in which the same was declared. Also indicate whether the company has accumulated profits
Nandita
(Chartered Accountant)
(34 Points)
Replied 19 May 2008
Are there any consequences or penalties the Company has to face as at the year end .
There are no accumulated reserves in the Company.
CAclubindia
