The meeting will endorse a proposal of distributing 25 percent stock and 1.316 percent cash dividend for tax proposes. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with suitable partners and conduct all the required procedure for the merger/acquisition.
For the AGM, the company is closing its book from March 13, thus, the shareholders registered in its book till March 12 will be eligible to attend the AGM and obtain the announced dividend.
