login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

What will be the course of action where the Company declares dividend on the shares which have already been transferred to the fund?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

If the Company declares any further dividend on the shares which have already been transferred to the Fund, the amount received on such shares shall also be transferred to the Fund.

Related articles

How The Tenure Of Your FD Affects Its Interest Rate

Fixed Deposits (FDs) are a popular investment option among Indians due to their guaranteed returns and low risk. However, the interest rate for fixed deposits can vary depending on several factors. In...

KNOW MORE

April 25, 2024

The Inflation Challenge: Strategies For Maximizing Fixed Deposit Returns

Inflation is a force that affects every aspect of our lives, including our finances. It erodes the purchasing power of our money over time, making it essential to find ways to maximise our returns and...

KNOW MORE

March 4, 2024

Retirement Planning for Women: FD For Long-Term Stability

Introduction Planning for retirement is crucial to ensure financial stability and a comfortable standard of living in the future. According to a recent survey, 62% of individuals earning between INR 5...

KNOW MORE

May 7, 2024