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Alborz Economic Group Buys 2 Percent Stake in Tehran Re Insurance

6 October 2026 · 2 hours ago

BALBup2.9%3,510rials6 October
A view of the electronic share price board in the Tehran Stock Exchange trading hall

The trading board at the Tehran Stock Exchange

Source: Donya-e-Eqtesad

Bimeh Alborz (symbol البرز) disclosed in a Tier B material filing on Codal that the Alborz Economic Group, through a consortium, acquired a 2 percent stake in Tehran Re Insurance Company for 1,000,000,000,000 rials on 5 Mehr 1405 (September 27, 2026). The filing was published on Codal on 13 Mehr 1405 (October 5, 2026), and said the purchase is part of optimizing the group's investment portfolio and building synergies, with the final profit and loss impact of the deal to be disclosed to the market later.

Source:CodalThe source text

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