Bank Pasargad's Auction to Sell Its 5.57 Percent Mapna Stake Fails for Lack of Bidders

According to a Codal filing, Bank Pasargad's (وپاسار) auction to sell part of its holdings, including a 5.57 percent stake in Mapna Group, held on 6 Mehr 1405 (September 28, 2026), produced no result because no bidders came forward. In the material disclosure, the bank said the sale remains on its board's agenda and that further details and terms will be announced through Codal once internal procedures and the necessary approvals are completed. The auction was held under the legal requirement for banks to divest holdings unrelated to their core banking business.