Qatar Exchange Sets Date for Dama Food Capital Restructuring
Qatar Stock Exchange announced the completion of the company's capital restructuring process for Wadham Food, scheduled to be implemented by the end of trading on October 29, 2026. Trading with the new capital will begin starting November 1, 2026. The process involves reducing the capital from 180 million Qatari riyals to 50 million Qatari riyals by canceling 130 million shares, followed by increasing the capital through converting bonds worth 30 million Qatari riyals into shares, bringing the total to 80 million Qatari riyals distributed over 80 million shares. This step aims to strengthen the company's financial position, cover part of its accumulated losses, and improve its balance sheet to provide a financial foundation to achieve its goals, after receiving approval from its general assembly, the Ministry of Commerce and Industry, and the Qatar Financial Markets Authority.
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