The meeting will endorse a proposal of distributing 15 percent stock and 0.78 percent cash dividend to its shareholders.
The meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners and amend article and memorandum of association. Moreover, the meeting will restructure its share ownership ratio at 51:49 of promoter and ordinary shareholders.
In this regard, the company will close its book on February 17, thus, the shareholders registered in its book till February 16 will be eligible to attend the AGM and obtain the announced dividend.
