In September 2024, JSC "Aloqabank" increased its authorized capital by issuing additional shares. As a result, all shareholders of the bank registered in the shareholder register as of September 26, 2024, received 84 additional shares for every 121 shares they owned.
The additional shares issued by JSC "Aloqabank" are considered taxable objects under Article 41 of the Tax Code of the Republic of Uzbekistan. However, individual shareholders are exempt from paying this tax based on Presidential Decree No. 90 dated January 17, 2022.
In this regard, the bank pays 4.42 soums for every 84 shares received by shareholders during the capitalization process to all individual shareholders registered in the shareholder register as of September 26, 2024.
