The meeting will endorse a proposal of distributing 13.56227 percent stock and 0.713829 percent cash dividend to its shareholders.
Similarly, the meeting will approve a proposal of issuing 856,665 units of further public offering to maintain promoter and ordinary shareholders ratio after bonus share distribution.
Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and appoint an auditor.
In this regard, the company will close its book on June 1, thus, the shareholders registered in its book till May 31 will be eligible to attend the AGM and obtain the announced dividend.
