The AGM is scheduled to endorse 12 percent stock and 0.63 percent cash dividend to its shareholders. The company will distribute Rs 141.1 million in bonus share and Rs 7.4 million in cash dividend.
The company that met the minimum paid-up capital as per IB directive has a paid-up capital of Rs 1.17 billion. The paid-up capital will reach Rs 1.31 billion after the bonus share distribution.
For the AGM, the company is closing its book on August 20, thus, the shareholders registered in its book till August 19 will be eligible to attend the AGM and obtain the announced dividend.