137 Trillion Rials: Results of Mellal Credit Institution's Property and Stake Auction

Mellal Credit Institution said in a group A material disclosure filed with Codal on Sunday, 16 Shahrivar 1405 (September 7, 2026), that it has announced the results of its public auction of surplus properties, real estate and investments. According to the filing, the auction was held on 11 Shahrivar 1405 (September 2, 2026), and after reviewing bids, 59 commercial, office and residential properties listed in the auction notice, along with the institution's stake in Toos Sarmayeh Financing Company, a subsidiary of the Tose'e Eqtesad Mellal group, were transferred to the winning bidders. The total sale amount was reported at 137,028 billion rials, about 13,700 billion tomans, with an estimated profit impact of 86,717 billion rials. The filing put the net book value of the transferred assets at 50,311 billion rials, with settlement made in a mix of cash and installments. The institution said the resulting profit will be recognized in its books once legal formalities, including signing the contracts, are completed.