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Bank Day to auction its investments in three subsidiary companies

7 September 2026 · last month

Bank Day (symbol VBDI) said in a material disclosure on the Codal system that, under Iran's law on removing obstacles to competitive production and upgrading the financial system, it will sell its surplus investments in three affiliated companies, Day Financial and Economic Investment Group, Bank Day Brokerage, and Tose'e Didar Iranian, through a first stage public auction. According to the notice, published on September 6, 2026 (15 Shahrivar 1405), bidders can submit sealed proposals to the secretariat of Bank Day's central building in Tehran until the end of business on Tuesday, September 16, 2026 (24 Shahrivar 1405).

Source:Codal, Bank DayThe source text

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