Iron and Steel

Esfahan Steel Company Board of Directors agreed with the company`s capital increase

The proposal to raise capital awaits the approval of the stock exchange and approval of the Assembly
Esfahan Steel Company Board of Directors agreed with the company`s capital increase
Mining News Pro - The board of Esfahan Steel Company agreed to increase the company`s capital from the surplus revaluation reserve for machinery and equipment, as well as valuation of assets.
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According to Mining News Pro - The Board of Directors of Isfahan Steel Co. agreed with a 84% increase in capital from a surplus of equipment revaluation surplus and capital transfer from $ 7661,90476 to $ 1,476,190,476.

This increase in capital is subject to the approval of the legal inspector of the company and the approval of the stock exchange and the approval of the extraordinary meeting.


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