The meeting will endorse a proposal of distributing 9.50 percent stock and 0.50 percent cash dividend for tax purposes. Moreover, the meeting will approve proposals of delegate authority to BOD to forward merger/acquisition, elect three promoter shareholders and appoint an auditor.
In this regard, the company will close its book on January 1, thus, the shareholders registered in its book till December 31 will be eligible to attend the AGM and obtain the announced dividend.
