The meeting will endorse a proposal of distributing 14 percent dividend including 13.3 percent stock and 0.70 percent cash dividend for tax purposes to its shareholders.
Similarly, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners.
In this regard, the company is closing its book on November 29, thus, the shareholders registered in its book till November 28 will be eligible to attend the AGM and obtain the announced dividend.
