OREANDA-NEWS. March 15, 2012. Ipek Yolu Sigorta insurance company has raised equity capital by 12.2% through increase of nominal volume of shares.

State Securities Committee has reported that new issue of shares of Ipek Yolu Sigorta was registered under AZ100700467P registration number- 17.500 shares with AZN 691 face value. Shares of issue with AZ100600467 number were converted in them – 17.500 shares with AZN 616 face value.

As a result the company’s equity capital rose from AZN 10.78 million to AZN 12.092 million.