BSE notified regarding the Intimation of credit of Dividend into attached bank accounts of notified parties under Special Court (TORTS) Act 1992

Feb 10, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on February 09, 2024, notified regarding the Intimation of credit of Dividend into attached bank accounts of notified parties under the Special Court (TORTS) Act 1992, with reference to the exchange notices dated July 8, 2003.

The exchange receives a letter from the office of the custodian, dated February 1, 2024, inter alia advising the exchange to issue a circular to listed companies to ensure that whenever online dividend payment is credited into a bank account of notified parties, intimation thereof is invariably sent to Custodian’s office without fail for further necessary action.

The listed companies are once again requested to take note of it and comply accordingly.

[Notice no. 20240209-42]


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