Board recommends, members approve at AGM, pay within 30 days, transfer unpaid to IEPF after 7 years. Final Dividend (S.123) takes 5 steps over about 111 days.
Last updated: 10 August 2026
5 steps over about 111 days. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Board Recommends Dividend | None | within 7 days |
| 2 | Members Approve at AGM | None | within 30 days |
| 3 | Fix Record Date | None | within 7 days |
| 4 | Pay Dividend | None | within 30 days |
| 5 | Transfer Unpaid to Special Account | None | within 37 days |
The 5 steps below run in order; the day counts show how long each one allows.
Board recommends final dividend per share at a Board Meeting.
Members approve the dividend at AGM. Cannot exceed Board recommendation.
Fix record date to determine eligible shareholders.
Pay dividend within 30 days of declaration. Deduct TDS u/s 194/194K.
Transfer unpaid dividend to Unpaid Dividend Account within 7 days after the 30-day period.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 111 days across 5 steps. The first step is: Board Recommends Dividend.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.