The meeting will endorse 18.89 percent dividend including 8 percent stock and 9.89 percent cash dividend to its shareholders.
The paid-up capital of Rs 2.84 billion will reach Rs 3.07 billion after the bonus share distribution.
Similarly, the meeting will amend its promoter and ordinary shareholder ratio to 52.49 to 47.51. The meeting will also delegate authority to BOD to forward merger/acquisition process with suitable partner.
For the AGM, the company is closing its book from November 6, thus, the shareholders registered in its book till November 5 will be eligible to attend the AGM and obtain the announced dividend.
