Multiple choice general knowledge

For an investor holding shares in demat form, dividend will be declared by:

  1. the Issuer compnay.

  2. his depository participant.

  3. NSDL.

  4. SEBI.

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

For shares held in demat form, the issuing company declares dividends. The depository participant only holds the shares in demat form, while NSDL is the depository infrastructure and SEBI is the regulator. The dividend comes from the issuer regardless of holding form.