The meeting will endorse a proposal of distributing 21.50 percent stock and 1.13 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and appoint an auditor for the current FY.
In this regard, the company is closing its book on December 24, thus, the shareholders registered in its book till December 23 will be eligible to attend the AGM and obtain the announced dividend.