Wait for the capital increase of these companies
According to Tejarat News, in the past few days, some stock exchange companies have informed about the stage of their capital increase process.
Accordingly, Neishabour Sugar Company announced the “proposal of the Board of Directors to the Extraordinary General Assembly regarding the increase of the company’s capital.” The proposal of the Board of Directors to the General Assembly is one of the initial stages of capital increase.
The statement said: “The explanatory report of the Board of Directors has been sent to the auditor and the statutory auditor for comment in order to propose a capital increase from 270 billion rials to 40,000 billion rials from accumulated profits and a revaluation surplus of assets.” It is said that this capital increase “will be in order to reform the financial structure and prevent the outflow of cash and working capital for the purchase of sugar beet, which was approved by the Board of Directors on 08/29/1400.”
As we know, the increase of the mentioned capital will be subject to the approval of the Exchange and Securities Organization and the approval of the Extraordinary General Assembly.
Three companies have also announced the final stage of their capital raising process.
In one of these announcements, Goltash Company has announced: “According to the decisions of the Extraordinary General Assembly dated 11/28/2013, the company’s capital will increase from one thousand billion Rials to 2.6 billion Rials (from claims and cash inflows of 900 billion Rials, from “The place of accumulated profit (amounting to 700 billion rials) has been registered in the companies registration authority.”
Also, Iran Tractor Manufacturing Casting Company with the symbol “Khatrak” has announced that according to the decisions of the Extraordinary General Assembly dated 05/08/1400, the increase of the company’s capital from 913 billion Rials to 1826 billion Rials (from accumulated profit) has been registered in the Companies Registration Authority.
According to the decisions of the Extraordinary General Assembly dated 08.08.1400, the company will increase the capital of the company from 10 thousand billion Rials to 30 thousand thousand Rials (from the accumulated profit of 20 thousand billion) in the reference. Companies have been registered.
In another announcement, Shahid Ghandi Production Factory (Shahid Ghandi Telecommunication Cables) with the symbol “Beckham” has announced the deadline for using the pre-emptive right to purchase the company’s shares. The announcement reads: “According to the decisions of the Extraordinary General Assembly dated 08/08/1400, due to the increase of the company’s capital from 80,000 billion to 10,000 billion Rials (from receivables and cash inflows), the deadline for using the pre-emptive right to purchase shares is from “08/29/1400 has been set until 10/28/1400.”
Source: the world of economy
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