The meeting will endorse a proposal of distributing 25.28 percent stock dividend to its shareholders. Moreover, the meeting will approve a proposal of issuing 751,712 units of primary shares as further public offering to general public to set the require promoter and shareholder ratio. The meeting will delegate authority to BOD to forward merger/acquisition with suitable partners.
In this regard, the company will close its book on December 30, thus, the sharehodlers registered in its book till December 29 will be eligible to attend the AGM and obtain the announced dividend.
