According to Mining News Pro -Managing Director of Companies, Assemblies and Shares of Esfahan Steel Co. announced the above mentioned time of holding the company`s extraordinary General Assembly to approve the increase of capital. This issue was addressed to the shareholders of the information company through the company`s massive corporate newspaper and the Kodal system. And those who are shareholders of the company at the time of the Forum will be awarded the prize.

Rouhollah Fazelpour pointed to the suspension of the trading symbol of the company and stated: According to the executive order of how to execute securities transactions in Overseas Iran, the stopping time of the trading symbol is one business day before the general meeting of shareholders, and the reopening of the symbol in the conditions It will normally be up to two business days after the meeting.

He stated that with the overnight effort and continuous follow-up of the board of directors and CEO of the company we were able to produce this heavy volume of work in less than 6 months, he stated: a topic that may seem simple at first glance, but for a company Esfahan Steel Co., which has a lot of equipment and machinery, and its rial figure is very high, it was very hard work.

Managing Director of Companies, Assemblies and Shares of Esfahan Steel Co. added: "Esfahan Steel Co. will increase this amount of capital from Article 141 of the Commercial Law, and will increase the amount of the company`s capital to 6150 billion USD, Ownership will have a dramatic improvement, which will also affect the company`s credit rating with banks and the effective reduction of the firm`s financial facilities.

Rohallah Fazelpur, criticizing the rumors that during this time there was a lack of or disapproval of the company`s capital increase, asked the company`s shareholders to ignore the fake news and rumors about the company`s stock, and all the news and official documents Follow the company from the codall system.