The meeting will endorse a proposal of distributing 19 percent stock and 1 percent cash dividend to its shareholders.
Moreover, the meeting will approve proposals including restructuring promoter and ordinary share ratio at 54.52 and 45.48, delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association, elect a director from promoter shareholders and appoint and auditor.
In this regard, the company will close its book on march 30 thus, the shareholders registered in its book till March 29 will be eligible to attend the AGM and obtain eh announced dividend.
