Danayan Financial Group Wins Auction for Three Subsidiary Stakes at 4.46 Trillion Rials

Danayan Financial Group said in a Group A Codal disclosure dated Saturday, October 31, 2026 that it won the second-round auction for the shares of three companies: Hiva Business Development, Pars Sepanta Business Development and Sarmayeh Ab Khak Toseeh. The auction was run by Danayan Investment Company, a subsidiary of the group, from 17 to 19 October 2026, and the bids were opened on October 28, 2026. The contract value was 4,460,526 million rials (about 4,460 billion rials, or 446 billion tomans), against a book value of 3,382,942 million rials for the assets traded. According to the related-party transaction disclosure, the price was set on an official expert's report and settlement is by two cheques: 75 percent due in 60 days and 25 percent in 90 days.