BPST, BTEJ and Another State-Linked Bank Announce Stake Sales in Subsidiaries

Three listed banks filed notices on Codal on 12 Aban 1405 (November 3, 2026) offering stakes in subsidiaries. Post Bank (BPST) said it will sell 1,499,399,995 shares, equal to 6.24% of Bimeh Tejarat No (a Tejarat insurance company), as a cash block trade on 27 Aban (November 18), settling on the usual T+2 basis. Bank Refah Kargaran scheduled the sale of 1 billion shares, 100% of the privately held Tose'e Sarmaye Refah investment company, for the same day, 27 Aban (November 18), linking it to Article 16 of the law on removing barriers to competitive production and improving the country's financial system.

Tejarat Bank (BTEJ) published an auction notice for shares of Iranian Investment Company and Iran Poplin, with the auction set for 1 Azar (November 22); the filing gives no amount or share count and refers applicants to the bank's website. All three are Group B disclosures, and none states a base price or any result yet.