The meeting will endorse a proposal of distributing 12 percent stock and 0.63 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 19, thus, the shareholders registered in its book till December 16 (last trading day before bookclose) will be eligible to attend the AGM and obtain the announced dividend.
