The meeting will approve a proposal of distributing 8 percent stock and 0.42 percent cash dividend to its shareholders.
Similarly, the meeting will restructure its promoter and ordinary shareholders ratio to 51:49 from the current 60:40.
In this regard, the company will close its book on May 2, thus, the shareholders registered in its book till May 1 will be eligible to attend the AGM and obtain the announced dividend.
