The meeting will endorse a proposal of acquiring City Express Finance (CEFL). Moreover, the meeting will endorse stock price of City Express based on DDA and other fundamentals and amend article of association of the bank as per the change in the capital growth after the acquisition.
The bank will close its book from October 2 for the SGM, thus the shareholders registered in its book till October 1 will be eligible to attend the SGM.
Due to the pandemic, the meeting will be carried out through digital medium.
