Tagilvodka JSC general meeting decides to raise authorized capital to 51,072,000 RUR

2 February 2006 (08:58)

The extraordinary general meeting of Tagilvodka JSC shareholders was adjourned with the decision to use the company’s undisposed profits left over from the previous years (22,066,019 RUR) to raise their authorized capital.

The capital is expected to reach the point of 51,072,000 RUR through the additional measure of increasing the face value of the company’s shares, which will give them 28,980,444.99 RUR of money to add up to the authorized capital.

It is now possible to convert 1 uncertificated registered common share with a par value of 1 RUR to 1 uncertificated registered common share with a par value of 2,000 RUR. The total number of issued shares is 25,536.

The corresponding changes have been included into the company’s Charter.


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