BusinessTurkiye

Increase in Registered Capital Ceiling of Mavi Clothing

The application of Mavi Giyim Sanayi Ve Ticaret A.Ş. (MAVI) for an increase in the registered capital ceiling has been approved by the Capital Markets Board (SPK).

According to the disclosure made to the Public Disclosure Platform (KAP), the following information was provided:

“As part of the procedures related to the increase of our company’s registered capital ceiling from 500,000,000 TL to 4,000,000,000 TL and the determination of the validity period of the registered capital as 2024-2028, our application submitted to the SPK on 26.03.2024 for approval of the amendment to Article 6 of our company’s articles of association regarding capital and shares was approved on 01.04.2024, and the approval letter has been notified to us today.

Following the approval of the Ministry of Commerce, the amendment draft will be presented to the shareholders for approval at the ordinary general assembly meeting scheduled for 25.04.2024.

source: aa.com.tr/ prepared by Melisa Beğiç

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