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Q.

1.Why the management have not delcared dividend for 2011-2012,when they are increasing the salary payable to the Directors .
It appears they have forgotten the investors who have been taken for a ride. They have come out with public listing at Rs 510/ for Rs 10/share and today the value is for every one to understand and conclude.
2.Is there any one who feels morally responsible towards investors in this company when they have written so much about corporate responsibility and ethics.
3.Hope better sense will prevail on themanagem and they will give dividend instead of transfering to surpluse

Tags: money, relationships, entertainment
Asked by sukumar ramadas, 24 Jun '12 08:07 pm
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Answers (2)

1.

I think these are all manipulations played by the Directors. They siphon the profit by way perks and other benefits and deny the dividend so that the share holders are taken for a ride. As a result the amount that would go out as dividend is also enjoyed by Directors in the form of perks. Literally, their entire life maintenance is free and borne by the company and the salary directly goes to their Savings Accounts.
Answered by sameer, 27 Jun '12 01:27 pm

 
  
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2.

I think these are all manipulations played by the Directors. They siphon the profit by way perks and other benefits and deny the dividend so that the share holders are taken for a ride. As a result the amount that would go out as dividend is also enjoyed by Directors in the form of perks. Literally, their entire life maintenance is free and borne by the company and the salary directly goes to their Savings Accounts.
Answered by Seshadri Srinivasan, 24 Jun '12 08:13 pm

 
  
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