The meeting will endorse a proposal of distributing 6 percent stock and 4.53 percent cash dividend including tax to its shareholders. Similarly, the meeting will approve proposal of relocating its registered office, change office logo delegate authority to BOD to forward merger/acquisition with suitable partners and appoint an auditor.
In this regard, the bank will close its book on November 4, thus, the shareholders registered in its book till November 3 will be eligible to attend the AGM and obtain the announced dividend.