Introduction of the New Decree
The Minister of Industry and Trade, Ryad Mezzour, has introduced a new decree aimed at revising and expanding the provisions of paragraph 2 of Article 4 of the previously established decree.
This initiative incorporates specific conditions for determining the emission price related to capital increase operations, alongside the emission price and its amount.
Minimum Reporting Requirements
According to Mustapha Baitas, the Minister Delegate for Relations with Parliament and Government Spokesperson, these conditions will now be included in the list of minimum information required in the auditor's report.
Expanded Auditor Responsibilities
The modifications also extend to paragraph 3 of the same article, which mandates that auditors provide their opinion on the accuracy and integrity of the bases used to calculate the emission price.
This includes the range selected and the conditions under which the price is set, all of which must be approved by the board of directors or the executive committee.
