Summary Info
Extension of the Authorized Capital Ceiling Period
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
28.03.2025
Related Authorized Capital Process
Update Of Authorized Capital Validity Period
Current Authorized Capital (TL)
2.000.000.000
Due Date For The Authorized Capital (New)
31.12.2029
Number Of Articles Of Association Item To Be Amended
6
Capital Market Board Application Date
28.03.2025
Additional Explanations
Our Company's Board of Directors has resolved to extend the validity period of our registered capital ceiling for a new five-year term covering 2025–2029 in line with Article 18 of the Capital Markets Law and the provisions of the Capital Markets Board's Registered Capital System Communiqué (II-18.1), and Article 6 of our Articles of Association has been amended accordingly. In this regard, the Management has been authorized to carry out all necessary transactions, including applying to the Capital Markets Board and the Ministry of Trade to obtain the required legal approvals.

This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
Supplementary Documents
Appendix: 1
VEL-Esas Sözleşme Tadili.pdf
Appendix: 2
VEL-Articles of Association_Amendment.pdf