Ava Pars (AVPP) Discloses 2,700 Billion Rial Reinsurance Contract With Related Shareholder Bimeh Parsian

Ava Pars (ticker AVPP) disclosed, under Article 129 related party transaction rules, a 2,700 billion rial reinsurance contract with Bimeh Parsian, which the filing identifies as a shareholder and board member holding 13.04 percent of Ava Pars's direct and indirect shares. The filing values the contract at 20.22 percent of the company's total sales revenue and 9.62 percent of its total assets in the prior fiscal year, with a transaction date of March 21, 2026 (1 Farvardin 1405). Settlement will follow the contract's terms.