C5#
The meeting will endorse a proposal of distributing 5 percent stock and 15 percent cash divorsnd including tax to its shareholders. Similarly, the meeting will endorse the proposal of issuing 8.75 percent perpetual non-cumulative preference shares worth Rs 400 million, authorizing the Board of Directors to amend the Memorandum of Association and Articles of Association and appointing an auditor.
In this regard, the company will close its book on October 28, thus, the shareholders registered in its book till October 27 will be eligible to attend the AGM and obtain the announced the dividend.
