The meeting will endorse a proposal of distributing 5.25 percent stock dividend of the capital maintained after right issue. Moreover, the meeting will elect 5 directors from promoter and 1 director from ordinary shareholders.
After the bonus share distribution, the paid-up capital will reach Rs 1.97 billion.
In this regard, the company will close its book on November 5, thus, the shareholders registered in its book till November 4 will be eligible to attend the AGM and obtain the announced dividend.
