The meeting will endorse a proposal of distributing 19 percent stock and 1 percent cash dividend to its shareholders.
Moreover, the meeting will approve a proposal of issuing FPO, merger with Vijay Laghubitta with swap ratio of 1:1, delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association, rename the company as Vijay Laghubitta and appoint an auditor.
In this regard, the company will close its book on March 29 thus, the shareholders registered in its book till March 28 will be eligible to attend the AGM and obtain the announced dividend.
