15:51 - 7.09.2023

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September 7, Fineko/abc.az. The authorized capital of European Tobacco Baku OJSC has been cut from 44,635,220 manats to 223,176 manats by reducing the nominal value of each share.

ABC.AZ reports that in accordance with Article 105.2 of the Civil Code that the company is obliged to notify creditors in writing within 15 calendar days from the date of the decision of shareholders’ general meeting on the reduction of company’s authorized capital.

The creditors of the company may, within 30 calendar days after receiving the information, demand the early fulfillment of the relevant obligations of the company or their termination and compensation for losses incurred by them.

Written claims of creditors are accepted at address: Baku, Nizami district, Keshlya settlement, 1st Kendalyan Street, 21.