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Kavir Tire (Pekavir) EGM Approves 146 Percent Capital Increase

26 August 2026 · 00:00 · Shareholder assembly · Iran

Outcome

Kavir Tire's (ticker Pekavir) extraordinary general meeting was held on Wednesday, August 26, 2026 (4 Shahrivar 1405). Per the decisions published on Codal, the assembly approved a capital increase of 146 percent, from 13,668.8 billion to 33,668.8 billion rials, funded entirely from cash and receivables, which dilutes shareholders who do not subscribe.

The symbol

KVRZ3,300down0.9%

From 26 August to todaySince that day down7.4%