ELC has announced updates to its company charter following a recent stock offering. This adjustment aims to reflect the increased share capital post-offering accurately, which is crucial for maintaining transparency and compliance with regulations governing joint stock companies. The updated charter will outline the ownership ratios of existing and new shareholders, in addition to organizing future shareholders’ meetings. This stock offering is part of a broader strategy to expand operational scale and strengthen ELC’s financial capacity, contributing to the company’s sustainable growth.
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