Can agm decide divident for stake holder?

adv.bharat @ PUNE (Querist) 11 May 2016 This query is : Resolved
Sir Please guide me. Can annual general meeting decide amount of divident to bedistributed to share holder of compay? Is ther is any limit while decideing for it?
Thnaks

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Kuummaar AS (Expert) 29 May 2016
AGM declares dividend, if recommended by the Board of Directors.

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