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Alborz Economic Group Buys 2 Percent Stake in Tehran Reinsurance (Ravak) for 1,000 Billion Rials

5 October 2026 · 18 hours ago

BALBunchanged0.0%3,410rials4 October

Bimeh Alborz (ticker Alborz) disclosed that a consortium it calls the Alborz Economic Group acquired a 2 percent stake in Tehran Reinsurance Company (Ravak) for 1,000 billion rials. The filing, dated to an event on September 27, 2026 (5 Mehr 1405), says the purchase was made to optimize the company's investment portfolio and build synergies, and that the final profit and loss impact will be disclosed to the market later.

Source:CodalThe source text

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