The meeting is scheduled to endorse a proposal of issuing 60 percent right shares of the current paid-up capital of Rs 640.4 million to meet the minimum paid-up capital of Rs 1 billion.
After the right issue, its paid-up capital will reach Rs 1.02 billion. The meeting will also delegate authority to BOD to amend article of association and policies.
For the SGM, the company is closing its book on May 20, thus, the shareholders registered in its book till May 19 will be eligible to attend the SGM.
