03-Feb-2023 04:05 PM
How to claim dividend on share holdings by public? Is it only the demand and supply forces that change the share price?? Even if co. Is performing low but demand for the share is high then sh. Price will increase, now what is the companies benefit in that if sh. Price in secondary market is increasing?
1. The Dividend (Final/Interim) declared by the Company for any financial year, is deposited into a separate bank account and the same is disbursed to the eligible shareholders within the statutory limit of 30 days, either through electronic mode or by issuing dividend warrants. Dividend amount which remains unpaid / unclaimed in the dividend account after 30 days from the date of transfer of the amount to the dividend account, shall be transferred to unpaid dividend account and will remain in that account for a period of 7 years. Any shareholder who has not received dividend, can make a claim for receipt of the same, either to the Company or to the Company’s Registrar and Transfer Agent, Link Intime India Pvt. Ltd., by following the applicable procedure. 2. No, there are so many other factors which affects the share price. For example- Political Factors, Natural Calamities, Inflation etc. 3. For the company, a higher share price can increase its market capitalization, which is the total value of all the company's outstanding shares. This can make the company more attractive to investors and make it easier for the company to raise capital through the sale of new shares.
Answer given by Shubhamm Sir at 06-Feb-2023 07:47 PM
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