Board declares from surplus in P&L: pay within 30 days, amount limited to average of 3 preceding FYs. Interim Dividend (S.123(3)) takes 3 steps over about 44 days.
Last updated: 10 August 2026
3 steps over about 44 days. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Board Declares Interim Dividend | None | within 7 days |
| 2 | Fix Record Date | None | within 7 days |
| 3 | Pay Interim Dividend | None | within 30 days |
The 3 steps below run in order; the day counts show how long each one allows.
Board declares interim dividend. Amount should not exceed average of 3 preceding FY dividends.
Fix record date.
Pay within 30 days of declaration. Deduct TDS.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
About 44 days across 3 steps. The first step is: Board Declares Interim Dividend.
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.