Why have you shown ₹ 23,755 lakhs being dividend related to financial year ended 31st March, 2014 as outflow of cash in the financial year ended 31st

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Why have you shown ₹ 23,755 lakhs being dividend related to financial year ended 31st March, 2014 as outflow of cash in the financial year ended 31st March, 2015 ?


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Salim Ahmed Kawsar

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It is shown as an outflow during the year because proposed dividend is paid after it is apporved by the shareholders .Since proposed dividend pf 2014 is approved by the shareholders subsequnt to 31 st march, 2014 it must have been paid in financial year ended 31st march 2015.

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