Özyaşar shareholders approve capital authority through 2030
An extraordinary meeting extended the capital ceiling for five years and authorized the board to raise capital within that limit.
Key takeaways
- Shareholders extended the 425,000,000 TL registered capital ceiling through 2030.
- The board received authority to increase capital within the ceiling during 2026-2030.
Özyaşar Tel ve Galvanizleme shareholders approved extending the company’s 425,000,000 TL registered capital ceiling through 2030, according to a KAP disclosure by the company. The decision was made at an extraordinary general meeting on October 9.
Shareholders also authorized the board to increase capital within that ceiling during 2026-2030. This grants the board authority to pursue an increase; it does not mean new shares have already been issued.
The meeting approved changing the company’s registered address to Fevzipaşa Mahallesi, Gölet Yolu Caddesi No:15, Değirmenköy, Silivri, Istanbul. The company said the decisions will be registered with the Istanbul Trade Registry within the legally required period.
This article was produced with the help of AI technology. Source: Yahoo Finance
