Authorized capital of Akkord subsidiary reduced

10.01.2022,16:46


January 10, Fineko/abc.az. The authorized capital of Hydraulic Mechanisms Company, a subsidiary of the Akkord Group of Companies, has decreased.

ABC.AZ informs that in addition, the director of the company was also replaced.

Thus, the authorized capital of Hydraulic Mechanisms Company LLC has been reduced from 5,929,389 manats to 5,425,751 manats. This means a decrease of 504 manats, or 8.4%.

Company's director Javid Talibov, a citizen of Georgia, has been relieved of his post, and Meshadi Verdiev has been appointed in his place.