The meeting will endorse a proposal of distributing 18.50 percent stock and 11.50 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, increase issued and authorized capital and and elect three directors from promoter sharehodlers.
In this regard, the company will close its book on January 2, thus, the shareholders registered in its book till January 1 will be eligible to attend the AGM and obtain the announced dividend.
