The meeting will endorse a proposal of distributing 13.30 percent stock and 0.70 percent cash dividend for tax proposes.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and appoint directors in the vacant seats for remaining tenure.
In this regard, the company will close its book on October 24, thus, the shareholders registered in its book till October 23 will be eligible to attend the AGM and obtain the announced dividend.
