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

May 04, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe Bombay Stock Exchange (BSE) on May 03, 2024, issued a notification regarding the Intimation of credit of Dividend into attached bank accounts of notified parties under Special Court (TORTS) Act 1992.

The exchange receives a letter from the office of the custodian, dated April 26, 2024, inter alia advising the exchange to issue suitable guidelines/advisory to all listed companies to ensure that whenever online dividend payment is credited into the 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. 20240503-47]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT