SASA Polyester Launches a TL 7.2 Billion Capital Increase: Erdemoğlu Holding Takes Full Control

SASA Polyester Sanayi A.Ş. is reshaping Turkey's textile capital markets with a TL 7.2 billion targeted capital increase.

SASA's Strategic Play: TL 7.2 Billion Capital Boost

All New Shares Sold to Erdemoğlu Holding

■SASA Polyester set an annual sales target of TL 7 billion 185 million and approved a targeted capital increase.

■All newly issued shares will be sold to the controlling shareholder Erdemoğlu Holding A.Ş..

■The infusion will strengthen cash flow and debt‑servicing capacity, while financing growth‑oriented investments.

■The transaction is expected to boost Borsa Istanbul liquidity for the stock, positively influencing market sentiment.

The market sees this move as a reinforcement of SASA's financial stability under Erdemoğlu Holding's umbrella. The capital raise should improve the company's NIM and SYR ratios and fund digital payment integrations and new production lines. In the long run, Turkey's textile sector will be better positioned to weather external demand fluctuations. Rüzgar Ersoy, Director of Fintech and Banking Sector.