1.

State any four points to be kept in mind by a listed company with respect to dividends.

Answer»

When a company lists its shares on Stock Exchange, additional listing agreements are to be followed which are as follows:

  • Stock exchange should be informed if the securities are listed 2 days prior to the Board meeting in which recommendation of final dividend is to be considered.
  • Stock Exchange should be informed immediately regarding the declaration of dividend as soon as the Board meeting gets over.
  • Notice of closing book should be informed at least 7 (seven) working days before the closure to the stock exchange.
  • Transfer Register and Register of Members should be closed.


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