Draft Board Resolution for Declaration of Interim Dividend

Resolved That the approval of the Board of Directors of the Company be and is hereby accorded for payment of interim dividend of Rs. ______ < (round off for Rs. ______)> per share aggregating to Rs. ______ (Rupees ______ [in words] only) on equity share capital of the Company to be paid out of the profits of the Company for the year ended on 31 March 20______ after deduction of tax at source, to those equity shareholders whose names appear in the Register of Members as on ______ [as on 31st March 20______ /date of Board Meeting/any other date as fixed by the Board].

Resolved Further That Mr./ Ms. _____ [Name and Designation of the authorized person] of the Company, be and is hereby authorized to do such things, actions and deeds as may be incidental or necessary to give effect to the payment of interim dividend.


For and on behalf of ___________ (Company Name) ___________


___________________ (Name of Company Secretary, if any / Director)

___________________ (Designation)

_____________________ (DIN / Membership No. as the case may be)

_____________________ (Address of the Director)

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