Bank Pasargad Finds No Buyer for MAPN Stake in Second Auction
Sahmino Newsroom | 5 November 2026 | 7 days ago
Bank Pasargad (BPAS) said in a Group B Codal filing published on Wednesday 4 November 2026 (13 Aban 1405) that the second auction for the sale of 1.86 percent of MAPN shares ended that day without a bidder. The bank said the sale remains on its board's agenda and that terms will be disclosed again through Codal after its internal procedures and approvals are completed.
This concerns a planned bank asset sale, not a transaction that was completed. The disclosure does not set a date or a price for a further round, so the failure of this auction is not a final cancellation of the disposal.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, Tehran Stock Exchange Index rose 6.5 percent, to 8,427,304.
Over the same days, US Dollar fell 1.1 percent, to 2,640,700 rial.
- Tehran Stock Exchange Index
- +6.5%
- US Dollar
- −1.1%
Prices to the close of 11 November
From Sahmino that week
Dividend payment: TMVD
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