How to Intimate for Payment of Interim Dividend

If boards of directors gives the dividend before annual general meeting and before closing of the year and before finding the real net profit, it is called interim dividend. It will be helpful for shareholders to feel satisfy and also get some basic needs from this money. 

{As per Company Law 2013 : It is the duty of board of directors to declare interim dividend as per sub section of 3 of section 123 of Indian Company Act, 2013. With in 30 days of its declaration by company, it must be paid to shareholder and same payment by cheque or warrant or electronic bank transfer.}

It is the duty of company secretary to intimate to the shareholders after declaring and paying such dividend. With a simple letter, company secretary of company can intimate about this. 

Following will be its format

Dear Shareholder,

Re: Intimation for payment of interim dividend for FY 2019-2020

The particular of the interim dividend for FY 2019-2020 paid to you on your holding of #Equity shares in the company are mentioned overleaf. The interim dividend of ( Rate of Dividend per Equity share ) was declared at the board meeting of the company held on Friday, Date mention _________


  • Dividend sent to bank as per mandate instructions :
The dividend warrant has been forwarded directly to your banker as per details mentioned overleaf. 

  • Dividend sent through National automated clearing house (NACH )
The company has intimated axis bank ltd to credit your bank account with the dividend amount due to you as per details mentioned overleaf through NACH


  • Dividend sent through Direct facility (DCF)

The company has made arrangement with axis bank ltd to credit your dividend amount as per details mentioned overleaf through direct credit to your bank account maintained with them.


Kindly verify the credit of the dividend amount in your pass book / bank statement, where it would be indicated as "NACH"/ "Direct Credit" ( as applicable ), as the source of the same.

No charge should be levied by the destination bank for receipt of this amount. In case of your bank has levied a charge, please take up the matter with your bank for reversal of the same.

If your bank is a participating bank in NACH and has migrated to core banking system (CBS), and if you have not recorded / Updated in your DEMAT Account your new account number (CBS enabled ) allocated to your against  your account, there is a possibility that, this transaction would have been rejected / returned by your broker and Demand draft would have been dispatched by the company.

In case of any change in your bank details / Mandate / name / address / nominations / registration of PoA / updation of core banking solutions enabled account number / 9 digit MICR / 11  Difit IFSC Code and email ID, Please register immediately.

  • With the company's registrars and transfer angents, (Write specific ) . if you are the holding shares in physical mode
  • With your depository participant (DP) if you are holding share in materialized form. 
In case you wish to receive an email intimation for electronic credit of dividend in your bank account, other corporate actions and shareholder communications, you are requested to register / update your email id in the Demat account with your depository participant and with registrars and transfer agents, (Write specific ) , for physical holding.

In case you hold shares in physical form and wish to convert them into dematerialised form for ease in portfolio management :

  • Please contact company or company's registrars and transfer agents. 
(Write specific ) at the address mentioned below, for assistance in this regard.

Thanking you

Your faithfully

For Company name

Sign of Company Secretary



All queries to be addressed to the company's registrars and transfer agents

Name of registrar

Name of company

Address of registrar


Like above format, you can intimate for the payment of interim divided. Now, we giving real intimation letter example which will help you to make your own intimation letter.




Buy Referred eBooks : 



Customer care WhatsApp M.No. 9356234925 or email : azad@krantikari.org

[Latest]$type=two$a=hide$cm=hide$s=hide$show=/2015/09/journal-entries-ebook.html$h=auto$d=no$l=no

[Self Help eBooks]$type=two$a=hide$cm=hide$s=hide$show=/p/ebooks.html$h=auto$d=no$l=no$c=4

[Accounting eBooks]$type=two$a=hide$cm=hide$s=hide$show=/p/ebooks.html$h=auto$d=no$l=no$c=4

[Health eBooks]$type=two$a=hide$cm=hide$s=hide$show=/p/ebooks.html$h=auto$d=no$l=no$c=4

Name

-280 -30 -300 -3000 -310 -320 -325 -336 -350 -3500 -370 -380 -40 -400 -45 -450 -499 -5 -500 -5000 -550 -599 -60 -600 -6000 -6300 -650 -70 -700 -75 2013 800 मीटर दौड़ Accounting Books Accounting eBooks Advertising Service Alan Loy Mcginnis Anand Swami's Books Ancient Indian literature Animal equipment Artificial Jewellery Arya Samaj Books Ashwani Fashion Jewellery Shop Bags Banking Service Beauty Products Bhagat singh Biographies Biographies eBooks Biographies of Freedom Fighters books Books by Mrinalini Joshi books‚ Cherie Carter's books by Authors Car & Motorbike Cds and VCDs Clay / Mitti Products Clothing & Accessories Companies Act Competitive Exam Books Computer Books Cooking Books cows Dharmendra Gour's Books Dividends Divya and Sonam Beauty Shop Dr. A.P.J. Abdul Kalam's Books Dr. Vinod Kumar Dr.K.V.Paliwal's books eBooks Electrical products electronics books english Exam Books Finance Finance Books Finance eBooks Food & Nutrition Foods Store Free Contents freedom Freedom Fighters freedomfighters Fundraiser Gau Mata Gebi products Gita Books in Hindi Gurudutt's Books Halter health Health Books Health eBooks Health Products Health Services History Books Home and Kitchen Home Cleaning & Bathroom Accessories Home Devices HouseHold Supplies IC Data Ink Cartridges Internet Biographies Investment eBooks IT Service Janam Sakhi K.c. Gupta's books Languages Books Legal Books Legal Services LFinance eBooks Luxor's products Madan lal kapoor's books Magazines Mahatma Gandhi Mahatma Narayan Swami Books MANJUL PUBLISHING HOUSE Mobile Books motivational books motivational books in English Naturopathy Products Notes Om parkash agarwal's books Online Courses Online Running Training P.N. Oak Books Painting Materials Paperback Parbhat Parkashan patriotic Patriotic Books Patriotic Books in English Paytm Plant Nursery Plumbing Products Poem Books poet Popular Freedom Figher's Books Prabhu Ashrit's books Punjabi Books Rajiv Bhai Rajiv Dixit Rajpura Real Estate Robert T. Kiyosaki Sales Books Salim Akhtar Sidiki's Books Savita gupta's books science books Scientists self-employment books Self-Help Books Self-Help eBooks Selling by Users Shankar Sultanpuri's books Share trading Shareholders Shiv Khera Shiv kumar Tiagi's Books Sikhism Spiritual spiritual Biographies Spiritual Books Spiritual Leaders Sports Book Sports Products Staplers Stationery Strategy & Management (Books) Subhash Chandra Bose's Books swadeshi product Swami Dayanand Saraswati's Books Swami Jagdishwaranand Saraswati Books Swami Omanand Saraswati Books Swami Vivekananda's Books Swett Marden's books Tajpal Singh's books Tapes Taxation eBooks Updates Veer Savarkar Books Vehicles Vera Hildebrand Video Courses in Pen Drives Vikas Kumar ( Salesman) Vinod Kumar (Educator) Wallets & Belts WhatsApp yoga books आईसी डेटा आध्यात्मिक आध्यात्मिक पुस्तकें आनंद स्वामी की किताबें इतिहास की किताबें इलेक्ट्रॉनिक्स किताबें ईबुक कानून की किताबें किताबें खेलों को सिखने की पुस्तकें गाय घरेलू सामान जीवनियां जीवनियों ट्रेनिंग डॉ. ए. पी. जे. अब्दुल कलाम की पुस्तकें देश भक्ति देशभक्ति की किताबें नोट्स पाठ्यक्रम पी.एन. ओक पुस्तकें प्रभात प्रकाशन भारत महर्षि दयानन्द सरस्वती मात्रभूमि मोबाइल की किताबें राजीव दीक्षित राष्ट्रभक्त विनोद कुमार वीर सावरकर की पुस्तकें सरश्री की किताबें सीडी और वीसीडी सेहत का सामान सेहत के किताबें स्टेशनरी स्व-रोजगार किताबें स्वास्थ्य सेवाएं हिंदी
false
ltr
item
Krantikari: How to Intimate for Payment of Interim Dividend
How to Intimate for Payment of Interim Dividend
https://1.bp.blogspot.com/-__3NfRX4_hE/XlCzRnk3sPI/AAAAAAAADdo/UyEGz_kw8CYnn2nXk5QKsohF7PjM_p3AwCLcBGAsYHQ/s640/interim%2Bdividend.jpg
https://1.bp.blogspot.com/-__3NfRX4_hE/XlCzRnk3sPI/AAAAAAAADdo/UyEGz_kw8CYnn2nXk5QKsohF7PjM_p3AwCLcBGAsYHQ/s72-c/interim%2Bdividend.jpg
Krantikari
https://www.krantikari.org/2020/02/how-to-intimate-for-payment-of-interim.html
https://www.krantikari.org/
https://www.krantikari.org/
https://www.krantikari.org/2020/02/how-to-intimate-for-payment-of-interim.html
true
6361615539777450399
UTF-8
Not found any lecture VIEW ALL Buy Now Reply Cancel reply Delete By Home PAGES Products View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Products Not found any lecture match with your request, please help to write it and send it to our email at vinod@svtuition.org for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock