The meeting is supposed to endorse a proposal of distributing 13 percent bonus and 0.68 percent cash dividend for tax purpose to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition, issue 100 percent right shares of the paid-up capital maintained after merger/acquisition, expand functional area after maintaining minimum required paid-up capital and elect board of directors.
For the AGM, the company is closing its book on December 26, thus, the shareholders registered in its book till December 25 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the company has a paid-up capital of Rs 82.9 million that will reach Rs 93.7 million after the bonus share distribution.
