The meeting will endorse a proposal of distributing 7 percent stock and 0.37 percent cash dividend to its shareholders.
Similarly, the meeting will also approve a proposal of issuing 40 percent right share of the paid-up capital maintained after bonus share distribution. Moreover, the company will re-structure its promoter and ordinary shareholders ratio of 60:40.
In this regard, the company will close its book on April 14, thus, the shareholders registered in its book till April 13 will be eligible to attend the AGM and obtain the announced dividend.