The meeting will endorse a proposal of distributing 10 percent stock and 0.5263 percent cash dividend to its shareholders. Similarly, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and elect a director for the remaining term.
In this regard, the company will close its book on October 23, thus, the shareholders registered 3in its book till October 22 will be eligible to attend the AGM and obtain the announced dividend.
