The meeting will endorse a proposal of distributing 3 percent stock and 6.52 percent cash dividend to its shareholders. Moreover, the meeting will elect one board of directors from its Indian partner Muthoot Finance, three from promoters and 2 from general shareholders.
In this regard, the company is closing its book on December 25, thus, the shareholders registered in its book till December 24 will be eligible to attend the AGM and obtain the announced dividend.
Presently, the company has a paid-up capital of Rs 1.01 billion that will each Rs 1.04 billion after the bonus share distribution.
