Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why do the shareholders have to wait till the expiry of the validity period of the original warrant?

April 26, 2017expiry original period Shareholders till validity wait warrant

0

10 Posted

Why do the shareholders have to wait till the expiry of the validity period of the original warrant?

1 Answer

0

10 Posted

Since the dividend warrants are payable at par at several centres across the country, banks do not accept ‘stop payment’ instructions. Hence, shareholders have to wait till the expiry of the validity of the original warrant.