The extraordinary general assembly of Al-Nawadi Holding Company, held on March 26, 2025, approved an increase in the authorized, issued, and paid-up capital of the company from KD 25,527,843 (twenty-five million five hundred twenty-seven thousand eight hundred forty-three Kuwaiti Dinars) to KD 26,804,235.100 (twenty-six million eight hundred four thousand two hundred thirty-five Kuwaiti Dinars and 100 Fils).
The assembly also approved the amendment of Article (6) of the articles of incorporation and Article (5) of the Articles of association to read as follows:
The company's authorized, issued, and paid-up capital is set at KD 26,804,235.100 (twenty-six million eight hundred four thousand two hundred thirty-five Kuwaiti Dinars and 100 Fils), distributed over 268,042,351 shares (two hundred sixty-eight million forty-two thousand three hundred fifty-one shares), with each share valued at 100 Fils, and all shares being cash.