Al-Seraj Group Holding Company held its extraordinary general meeting on Sunday, October 20, 2024, and approved increasing the company's authorized, issued and paid-up capital from KWD 4,119,871 (four million one hundred and nineteen thousand eight hundred and seventy-one Kuwaiti dinars) to KWD 6,000,000 (six million Kuwaiti dinars) , by KWD 1,880,129 , with a nominal value of 100 Fils per share, a cash increase to be paid in one payment and allocated to current shareholders registered in the company's records on the date of the general assembly meeting, and authorizing the Board of Directors to set the controls and conditions for calling up capital.

It approved amending Article No. (6) of the Articles of incorporation and Article No. (5) of its article of association to become as follows:

The authorized and issued capital of the company has been set at KWD 6,000,000 (six million Kuwaiti dinars only) distributed over 60,000,000 shares, with the value of each share being 100 Fils, and all shares are in cash. 

The company's paid-up capital was set at KWD 4,119,871 (four million, one hundred and nineteen thousand, eight hundred and seventy-one Kuwaiti dinars, and all shares are in cash.