7 announcements about stock exchange symbols
According to Tejarat News, several announcements were published in the Cadal system during the past few days. Some of these announcements were dedicated to the process of increasing the companies’ capital. This process, which is for financing companies, is published in several stages by stock exchange and over-the-counter publishers to inform shareholders, which are described in detail in the following.
«وسبحان»: Sobhan Investment Company announced in an announcement that with regard to Article 3 of the instructions for the time stages of capital increase of companies registered with the Stock Exchange and Securities Organization, the explanatory report of the Board of Directors to increase the capital from 390 billion to 500 billion Tomans (28% increase) The accumulated profit has been sent to the auditor and the statutory auditor for comment in order to reform the financial structure, which was approved by the Board of Directors on October 17, 2014.
“Eat”: The Middle East Life Insurance Company published an amendment in Cadal that the company stated that the reasons for the reform were to change the location of the second phase of the capital increase from cash to cash income and accumulated profit. Participating in its amendment from presenting the explanatory report of the board of directors in order to propose a capital increase from 120 billion to 300 billion tomans (150% capital increase) from the shareholders’ cash income, accumulated profit, other reserves in order to comply with legal requirements, increase profitability and maintain wealth ratio. On September 27, 1400, it was approved by the Board of Directors and informed the auditor and the statutory inspector for comment.
«فسوژ»: Sujmiran Company announced in an announcement that it has received the necessary approvals from the auditor and the statutory auditor (New World Context Auditing Institute) to increase the capital by 50%. Earlier, the company’s proposal and justification report on the need to increase the capital from 40 billion to 60 billion tomans (50% capital increase) from the accumulated profit in order to reform the financial structure of the company was submitted on November 13, 2016 to comment to the company’s statutory auditor.
«شفن»: Fanavaran Petrochemical Company announced the issuance of a capital increase license from 95 billion tomans to 40,000 billion tomans (4110% capital increase) from the current demands of shareholders and cash flow in order to reform the financial structure and improve leverage ratios by the Tehran Stock Exchange.
“Dashimi”: Darupakhsh Pharmaceutical Chemistry Company announced that considering the capital increase license dated December 20, 2016, based on the decisions of the Extraordinary General Assembly dated February 6, 2017, the company increased its capital from 25.5 billion Tomans to 45.5 billion Tomans from receivables and brought cash in Date 24 October 1400 has been registered in the company registration authority.
“Watch”. Damavand Capital Supply Company also announced in an announcement in Kedal that the increase of the company’s capital from 200 billion Tomans to 700 billion Tomans (250% capital increase) from the place of receivables and cash flow has been registered in the companies registration authority on October 16, 2014.
“Play”: Alborz Broadcasting Company published the announcement of public acceptance of unused pre-emptive rights in Kedal system. The announcement of the company states that considering the capital increase license dated 21 May 1400 and based on the decisions of the extraordinary general assembly, considering the increase of the company’s capital from 95 billion to 140 billion tomans, 449 million and 255 thousand 176 shares according to the right to use By the current shareholders and with regard to the expiration of the deadline for using the above-mentioned pre-emptive right to realize the capital increase, 7444,824 shares of 100 Tomans will be offered for public subscription. The deadline for general acceptance is from October 17, 1400 to November 1, 1400 and the account number 23-684-6 of Parsian Bank, North Hafez Branch, has been set for depositing funds.
Source: the world of economy
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