Dividend limit for Nidhis: annual dividend restricted, higher distributions prohibited absent prescribed approvals and conditions. A Nidhi's dividend distribution is limited: a Nidhi shall not declare dividend exceeding twenty five per cent in a financial year. The previous version permitting a higher dividend with Regional Director approval and conditions (transfer to General Reserve, no defaults in deposit repayments, and compliance with applicable rules) has been substituted and is no longer the operative route.