The meeting will endorse a proposal of distributing 75 percent stock and 5 percent cash dividend including tax to its shareholders.
Moreover, the meeting will approve 50 percent right issue of the paid-up capital maintained after bonus share distribution and delegate authority to BOD to forward merger/acquisition.
In this regard, the company is closing its book on December 2, thus, the shareholders registered in its book till December 1 will be eligible to attend the AGM and obtain the announced dividend.
