The meeting will endorse a proposal of distributing 25 percent stock and 1.31 percent cash dividend to its shareholders.
Moreover, the meeting will continue the delegation of authority to BOD to forward merger/acquisition with suitable partners. The AGM will also amend the change in the capital structure to 51:49 of promoter and ordinary shareholders.
In this regard, the company will close its book on January 3, thus, the shareholders registered in its book till January 2 will be eligible to attend the AGM and obtain the announced dividend.
