Azerbaijan, Baku, August 1 /Trend, A. Akhundov /
The State Committee for Securities (SCS) of Azerbaijan has registered the emission prospectus of ordinary nominal shares of the JSC AtaSığorta insurance company worth 2.4 million manats, a report of the SCS, published on its website said.
According to the report, the authorized capital of the company will increase by 31.58 percent, from the current 7.6 million manats to 10 million manats. The capitalization decision was made at the general meeting of shareholders on June 13. Increase of the capital will be achieved at the expense of shareholders' additional funds.
AtaSığorta is included in AtaHolding group of companies. The company has been operating in the insurance market since 2004, carrying out activities on 22 types of voluntary and four types of compulsory insurance. AtaSığorta is the founder and member of Compulsory Insurance Bureau. The company has four branches and four representative offices.
The official exchange rate on August 1 is 0.7845 AZN/USD.