Shareholders of PJSC IC “Veles” (Odessa) on August 14 will consider the issue of increasing the authorized capital by 61.5%, or by UAH 24 million, according to the information system of the NCSSM on the general meeting.
According to the information, the increase in the amount of authorized capital is planned to be carried out by increasing the nominal value of shares at the expense of retained earnings (its part) for 2019-2022 in the amount of UAH 23.044 million and part of the formed reserve capital in the amount of UAH 956 thousand.
As reported, on July 17, 2025 the National Bank of Ukraine has applied to PJSC IC “Veles” measures of influence in the form of a written warning due to the fact that the size of the authorized capital of the insurer does not meet the requirements of the law “On Insurance” regarding its minimum size.
At the same time, IC “Veles” has also been subjected to a measure of influence in the form of a written warning due to the non-compliance of business reputation and owners of substantial participation of the insurer with the requirements of the legislation.
The NBU stressed that the insurer is obliged to eliminate the corresponding violation until December 15, 2025.
IC Veles has been operating in the market since 1998. It has 15 licenses for voluntary and compulsory types of insurance. It is a member of the association “Insurance Business”.
The authorized capital amounts to UAH 39 mln.
