The meeting will endorse a proposal of distributing 10 percent stock and 10 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 September 30, thus, the shareholders registered in its book till September 29 will be eligible to attend the AGM and obtain the announced dividend.
