The meeting will approve a proposal of distributing 9.50 percent stock and 0.75 percent cash dividend to its shareholders. Similarly, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, amend article and memorandum of association, elect one director from promoter shareholders and appoint an auditor.
In this regard, the company will close its book on December 31, thus, the shareholders registered in its book till December 30 will be eligible to attend the AGM and obtain the announced dividend.
