The meeting will endorse a proposal of distributing 14.005143 percent stock dividend of the paid-up capital maintained after FPO issue.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and to amend article and memorandum of association as per regulatory bodies’ requirement.
In this regard, the company will close its book on August 8, thus, the sharehodlers registered in its book till August 7 will be eligible to attend the AGM and obtain the announced dividend.
