Özyaşar Shareholders Extend Capital Ceiling Period Through 2030
The extraordinary meeting approved changes to the company’s registered address and capital rules, with the decisions still to be registered.
Key takeaways
- Shareholders approved changing the company’s registered address in Silivri.
- The registered capital ceiling period was extended to 2026–2030, and the board received related capital-raising authority.
Özyaşar Tel ve Galvanizleme shareholders approved changes to the company’s registered address and capital rules at an extraordinary meeting on October 9, according to a KAP disclosure by the company.
The meeting approved changing the registered address to Fevzipaşa Mahallesi, Gölet Yolu Caddesi No:15, Değirmenköy, Silivri, Istanbul. It also extended the validity period of the 425,000,000 lira registered capital ceiling to cover 2026–2030.
The board was authorized to raise capital within that ceiling during the same period. This gives the board authority to seek a capital increase; it does not mean a share issue has already taken place.
The company said the decisions will be registered with the Istanbul Trade Registry within the period set by regulations.
This article was produced with the help of AI technology. Source: Yahoo Finance
