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Azerbaijani food enterprise increases authorized capital 800 times

Business Materials 29 December 2013 13:27 (UTC +04:00)
The Azerbaijani State Committee for Securities registered the issue prospectus of ordinary registered shares of Garnet, the Baku Stock Exchange (BSE) reported on Sunday.
Azerbaijani food enterprise increases authorized capital 800 times

Baku, Azerbaijan, Dec.29

By Emin Aliyev - Trend:

The Azerbaijani State Committee for Securities registered the issue prospectus of ordinary registered shares of Garnet, the Baku Stock Exchange (BSE) reported on Sunday.

According to the information, the issue volume is 3.196 million manat, the number of securities - 1.598 million units with a nominal value of each share - two manat.

The company's authorized capital is 4,000 manat. After the issue placement, the capital will be increased to 3.2 million manat.

Celsi Kapital is an underwriter.

Translated by NH
Edited by CN

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