Draft Board Resolution for Recommendation of Final Dividend

Resolved That the Board of Directors of the Company do hereby recommend a final dividend of Rs. ______ <(round off for Rs. ______)> per share aggregating to Rs. ______ (Rupees ______[in words] only) on equity share capital of the Company for the year ended on 31 March 20______ to be paid out of the profits of the Company and that the said dividend be paid subject to the approval of the shareholders in the Annual General Meeting, 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 final 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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