The AGM is supposed to endorse a proposal of distribute 10 percent cash dividend (excluding tax). Moreover, the company will also endorse a proposal of issuing 30 percent right shares of the current paid-up capital endorsed by previous AGM.
The company is closing its book on August 30, thus, the shareholders registered in its book till August 29 will be eligible to attend the AGM.
The company with Rs 530 million in paid-up capital has earned a net profit of Rs 58.6 million in the last FY. It has maintained EPS of Rs 10.95.
