CHAP Shareholders Approve a 79% Capital Increase Paid From Retained Earnings
Sahmino Newsroom | 31 October 2026 | 12 days ago
The extraordinary general meeting of CHAP on 9 Aban 1405 (31 October 2026) approved raising capital from 5,600 billion rials to 10,000 billion rials. The increase of 4,400 billion rials is about 79 percent of the previous capital, and the share count goes from 5.6 billion to 10 billion shares at a par value of 1,000 rials.
According to the meeting's summary of decisions on Codal, the whole 4,400 billion rials comes from retained earnings, with no cash contribution. The increase therefore does not dilute a holder who does not take part: the share count rises in proportion without any payment. The summary of decisions was published on Codal at 11:58 the same day.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, CHAP rose 8.9 percent, to 12,450 rial.
Over the same days, Tehran Stock Exchange Index rose 7.5 percent, to 8,427,304.
Over the same days, US Dollar fell 2.4 percent, to 2,640,700 rial.
- CHAP
- +8.9%
- Tehran Stock Exchange Index
- +7.5%
- US Dollar
- −2.4%
Prices to the close of 11 November
From Sahmino that week
Dividend payment: SSAP
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Article | 31 OctoberExtraordinary General Meeting: CHAP
Calendar | 31 OctoberRazavi Yeast (RAVZ) Sits Nearly 15% Below Its High After a 3.6x Half-Year Profit; Q2 Earned 3% Less Than Q1 and Sahmino's Invalidation Is 24,697 Rials (Friday 30 October 2026)
Article | 30 October
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