AZAB (Azarab Industries) Secures Industrial Land-Use Rights for Planned Production Infrastructure
Sahmino Newsroom | 2 November 2026 | 11 days ago
AZAB (Azarab Industries) said in a disclosure published Monday, November 2, 2026, that it has signed a contract for land-use rights over two plots in an industrial estate, intended for industrial halls and expanded production infrastructure. The Codal filing values the agreement at 2,035 billion rials, with 101.7 billion rials payable upfront and the remainder in instalments. The company said it will report the operating and financial effects as implementation plans are finalized and construction progresses; the agreement does not mean the halls are open.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, AZAB rose 20 percent, to 3,334 rial.
Over the same days, Tehran Stock Exchange Index rose 10 percent, to 8,427,304.
Over the same days, US Dollar fell 1.7 percent, to 2,669,000 rial.
- AZAB
- +19.8%
- Tehran Stock Exchange Index
- +10.2%
- US Dollar
- −1.7%
Prices to the close of 12 November
From Sahmino that week
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Article | 2 NovemberBoard change at RKSH
Calendar | 2 NovemberMajor holder exits SLVA: PRX Portfolio - Company 10999--Company 68751-
Calendar | 2 NovemberSHHZ's six-month operating cash covered 2.6% of profit versus 89.5% on a restated trailing year; Sahmino's invalidation is 3,080 rials (November 1, 2026)
Article | 1 November
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