233% increase in the capital of a stock exchange company

According to Tejarat News, in the middle of the capital market day transactions in the first week of March, three stock exchange symbols announced announcements about the capital increase in Kadal site Published.

میدکو

The Middle East parent company specializing in the development of mines and mining industries under the symbol of Midco announced a 233% capital increase proposal.

According to a report by Midco on the Cadal site, the company’s capital is expected to increase from 6,000 billion tomans to 20,000 billion tomans from the overdue claims of shareholders and cash flow. The reason for this is the reform of the financial structure.

وسپهر

Sepehr Saderat Financial Group Investment Company with Vespehr symbol is supposed to give a 150% increase in the overdue claims of shareholders and bring cash.

The report of this company on Kadal website shows that the capital and sphere of the amount of three thousand billion Tomans reaches 7.5 thousand billion Tomans. The reason for this increase in capital is to compensate for the expenses incurred for the investments made and to reform the financial structure.

ومعلم

Moallem Insurance Company, with its symbol and teacher, announced in a new announcement on the Kedal website that the board of directors has decided to increase its capital by 79%.

And the teacher intends to increase the capital from the amount of 419.4 billion Tomans to 750 billion Tomans from the overdue claims of the shareholders, bringing cash and accumulated profit.

This increase has been sent to the auditor and the statutory auditor for comment in order to reform the financial structure, increase the share of holding and obtaining reinsurance acceptance license, increase financial wealth and increase investment capacity, which was approved by the board of directors on February 26th.

Read the latest news on raising capital on the Trade News Symbols page.