Summary Info
Approval of the Board Regarding the Increase of the Registered Capital Ceiling and Its Validity Period
Update Notification Flag
Yes
Correction Notification Flag
No
Postponed Notification Flag
No
Board Decision Date
28.06.2024
Related Authorized Capital Process
Increase Of Authorized Capital
Current Authorized Capital (TL)
500.000.000
New Authorized Capital (TL)
10.000.000.000
Due Date For The Authorized Capital (New)
31.12.2028
Number Of Articles Of Association Item To Be Amended
7
Capital Market Board Application Date
12.07.2024
Capital Market Board Application Result
APPROVAL
Capital Market Board Approval Date
18.07.2024
Additional Explanations

In the Board of Directors meeting of our Company held on 28.06.2024, in accordance with the provisions of the Capital Markets Law No. 6362 and Article 7 of the Company's Articles of Association, it was decided to increase the registered capital ceiling

a) To cancel the decision on the registered capital increase related to the Board of Directors resolution dated 02.01.2024 regarding the increase of the registered capital ceiling through a bonus issue,

b) To apply again for approval to the Capital Markets Board (the "Board") to update the previous application for the new registered capital ceiling to be 10,000,000,000 (Ten Billion) TL, considering that the equity was 2,384,666,694 TL in the audited financial statements of 2023, in compliance with the provision in Article 5, paragraph 4 of the Communiqué on Registered Capital System No. II-18.1 of the Board,

c) To apply to the Board for approval of the draft amendment to Article 7 titled "Capital" of our Company's Articles of Association, which includes the request for the registered capital ceiling to be reached after the bonus issue, and to present it for approval at the extraordinary general assembly meeting to be convened after obtaining the necessary legal permissions once the application is approved,

These decisions were unanimously adopted by those present.

Following our Board of Directors decision, we received today (25.07.2024) the Board's letter dated 19.07.2024, stating that our application submitted to the Board on 12.07.2024 has been approved.

The draft of the Articles of Association approved by the Board is attached.

The legal process will continue following this approval.

This is disclosed to the public and our investors.

Respectfully,

Supplementary Documents
Appendix: 1
Kurul Onaylı Sanica Isı KSS Tadil Taslağı.pdf