The meeting will endorse a proposal of distributing 15 percent dividend including 14.25 percent stock and 0.70 percent cash dividend for tax purposes to its shareholders.
Similarly, the meeting will approve a proposal of issuing 765,377 units ordinary shares to public at premium to maintain 70:30 ratio of promoter and ordinary shareholders. Moreover, the meeting will delegate authority to BOD to carryout the task.
In this regard, the company is closing its book on December 3, thus, the shareholders registered in its book till December 2 will be eligible to attend the AGM and obtain the announced dividend.
