The meeting will endorse a proposal of distributing 28 percent stock dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article of association to carry out digital banking and to forward merger/acquisition with suitable partners.
In this regard, the company will close its book on November 30, thus, the shareholders registered in its book till November 29 will be eligible to attend the AGM and obtain the announced dividend.
The company has a paid-up capital of Rs 431.7 million that will reach Rs 552.5 million after the bonus share distribution.
