Bank Pasargad second auction of 18.99 percent of Pasargad Insurance, 16 November 2026

Bank Pasargad said in a Codal disclosure on 2 November 2026 that it will auction its 18.99 percent Pasargad Insurance stake through Iran Fara Bourse on 16 November 2026 (25 Aban 1405), with results expected that day. The block is offered for cash or instalments under Article 16 of the law on removing obstacles to competitive production. Its first auction on 5 October 2026 drew no bidders.

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