OREANDA-NEWS. August 20, 2007. Inprom's shareholders at an extraordinary general meeting voted in favor of increasing equity capital by 135,898,020 rubles by an additional issue of 4,529, 934 common registered nondocumentary shares with the par value of 30 rubles, reported the press-centre of Inprom.

The meeting approved placement of the total issue to Cassar World Investments Corporation by a closed subscription. The placement price will be fixed by the Board of Directors after the issue is registered by Russia's Federal Financial Markets Service. The shareholders also approved the new text of the Corporate Code of Conduct and provisions to regulations on the Shareholders' General Meeting, Board of Directors, Executive Board, and Inspection Committee.