Companies are required to transfer unclaimed dividends, corporate deposits and share application money to Investor Education and Protection Fund, which comes under the ministry of corporate affairs, if they could not identify the rightful owners for seven years.
3 min read05:30 AM ISTInfosys announced a ₹22 final dividend, benefiting both shareholders and the promoter group. Ekagrah Rohan Murty, the grandson of co-founder NR Narayana Murthy, will receive ₹3.3 crore from this dividend.
1 min read17 Apr 2025As per the latest Income Tax Act modifications, the entire sum paid by an Indian company upon the share buyback would be treated as a dividend in the hands of its shareholders.
2 min read14 Apr 2025Dividend Stocks: From April 14 to April 19, 2025, major companies like HDFC Bank, Infosys, and ICICI Bank are expected to declare dividends along with Q4 2025 results.
2 min read13 Apr 2025TCS Dividend: The Tata Group IT services major recommended a final dividend of ₹30 per equity share of Re 1 each for FY25. The board has not set a record date yet.
2 min read10 Apr 2025Dividend Stocks: Companies like CRISIL, Ashiana Housing, and others among others, will trade ex-dividends in the upcoming week.
2 min read5 Apr 2025Dividend Stocks: Several companies, including United Spirits, Varun Beverages, MSTC, and DCM Shriram Industries, among others, will trade ex-dividends in the upcoming week.
2 min read30 Mar 2025Small-cap stock ADC India Communications has announced ₹25 apiece dividend for the financial year 2024-25, with the record date fixed as April 2.
1 min read26 Mar 2025Dividend Stocks: Several companies, including TVS Motor, Samvardhana Motherson, REC, and Authum Investment & Infrastructure among others, will trade ex-dividends in the upcoming week.
2 min read23 Mar 2025Investment word of the day: Dividends are payments made by companies to shareholders from profits, distributed in cash or shares. They are declared by the board of directors.
2 min read17 Mar 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared